Pegasus Names Cleantech Expert As Adviser

Jan 6 2009 | 3:20pm ET

Private equity firm Pegasus Capital Advisors has appointed cleantech expert Paul Dickerson as an operating adviser to the firm.

Dickerson is the former chief operating officer of the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE) and is a recognized leader in sustainability law who now heads the international clean-tech practice of the law firm of Haynes and Boone.

As an operating adviser to Pegasus, Dickerson will be a resource to the growing number of Pegasus portfolio companies that focus on sustainability.

"Paul is an outstanding addition to our network of operating advisors, particularly in light of our nation's growing focus on energy efficiency and clean-tech solutions," said Craig Cogut, founding partner and managing director of Pegasus. "His extensive experience in energy, finance and associated law will be a great asset to us as we grow our portfolio of businesses offering innovative energy-related solutions."

As EERE's chief operating officer, Dickerson was responsible for directing the implementation of EERE priorities, policies, program development and execution, as well as strategic planning. Under his leadership, EERE (with its $1.8 billion budget and 1,000-member staff) successfully developed a commercialization mission, driving clean technology to market and helping U.S. companies compete and win in the global marketplace.

Pegasus Capital Advisors provides capital to middle market companies across a wide variety of industries. It is currently pursuing initiatives in several key emerging sectors, including alternative energy, all-natural human and pet foods, alternative building materials, LED lighting, homeland security and sustainable business solutions in a number of industries. The private equity firm currently manages over $1.8 billion in assets through several funds and has made more than 70 investments.

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