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San Francisco, CA, January 17, 2007 – The Cleantech Group™, founder of the
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cleantech investment category, today announced that John K. Balbach has joined as a
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Managing Partner. The Cleantech Group™ is the premier global provider of cleantech
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market research and thought-leadership and the parent company of the Cleantech Venture
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Network®, the Cleantech Forums™ and the Cleantech Indices™.
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“Over the last five years, we defined and introduced cleantech as a significant investment
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category,” said Nicholas Parker, co-founder and Chairman of the Cleantech Group™.
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“With John’s diverse set of skills and remarkable career strengthening our partnership,
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we can now look to better serve our rapidly growing membership of the world’s premier
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cleantech investors and entrepreneurs, expand our offerings and address bottlenecks in
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the adoption of cleantech solutions.”
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John will head the company’s new Silicon Valley office and will work closely with cofounders
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Nicholas Parker and Keith Raab to accelerate the growth of the Cleantech
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Group, develop and launch new products and expand internationally beyond the
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company’s current focus on the North American and European markets.
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Prior to joining the Cleantech Group™, John served as a venture capitalist, entrepreneur,
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advisor to world leaders, founder of international non-profits and senior policy maker in
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Washington D.C. with responsibilities including managing national security allocations
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exceeding $12 billion, launching 18 early-stage companies and raising or advising on the
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placement of $350 million in growth capital for both private and public companies.
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“Cleantech will be the primary economic driver of our generation,” said John Balbach,
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managing partner, the Cleantech Group™. “It is a great honor to be able to work directly
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with the over 1,300 members of the Cleantech Venture Network® worldwide – the
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pioneers creating the Second Industrial Revolution – in focusing innovation, capital
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resources and entrepreneurial opportunity to solving many of the pressing challenges of
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the 21st Century.”
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For more information on the Cleantech Group™, the Cleantech Venture Network®, the
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