Tucker Twitmyer leaves EnerTech Capital

Tucker Twitmyer

FORTUNE — Tucker Twitmyer has left energy-focused venture capital firm EnerTech Capital Partners after a 10-year run, Fortune has learned. His next stop will be as a senior vice president with alternative investment management firm Franklin Square Capital Partners.

Twitmyer was one of four partners listed on EnerTech’s fourth fund, which closed last September with $120 million in capital commitments. He also was one of the few EnerTech staffers based in Philadelphia, as the firm has shifted much of its focus to Canadian startups (around a 50/50 split).

“We now have three offices in Canada, and are focusing a lot of our energies here,” explains EnerTech managing director Wally Hunter. “We’re not planning to add someone to the partnership specifically to replace Tucker, but we did promote Dean Sciorillo to director and he’ll be handling a lot of our U.S. portfolio.”

Managing directors also Scott Ungerer and Bill Kingsley will work on U.S. transactions.

Hunter adds that the firm wishes Twitmyer well, and says the two could partner on future transactions if an EnerTech portfolio company is in need of debt financing. So far, the new EnerTech fund has made four investments, with another three in the pipeline. It also signed a strategic partnership with the Hydro-Quebec Research Institute.

Twitmyer has not yet responded to a request for comment. He originally joined EnerTech in April 2002, and led such deals as Advent Solar, OwnEnergy, Enerwise and FuelQuest.

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