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Andre Turenne is a Vice President of Investments at National Grid Partners, the corporate venture capital arm of National Grid plc. He brings over 30 years of venture capital, business development, and operating experience to his role, focusing on early and expansion-stage technology companies. Turenne helps manage a fund that has deployed $175 million since its launch in November 2018, targeting sectors like artificial intelligence, cloud computing, and grid modernization. His recent transaction history includes directing a $10 million investment into the Canadian grid analytics firm Copperleaf and leading a combined $6 million funding round across two artificial intelligence startups. In conjunction with these capital deployments, he has assumed board of director positions at Copperleaf and other portfolio companies. His current focus centers on investing at the intersection of enterprise technology and the global energy transition.
Andre Turenne holds the pivotal position of Vice President at National Grid Partners (NGP), the corporate venture capital and innovation arm of National Grid. In this capacity, Mr. Turenne plays a crucial role in identifying, evaluating, and executing strategic investments in groundbreaking companies that are at the forefront of transforming the energy landscape. His work directly supports National Grid's mission to lead the clean energy transition and enhance grid resilience and efficiency.
National Grid Partners strategically invests in startups developing innovative solutions across various critical sectors. Andre Turenne's investment focus areas typically include technologies that drive decarbonization, such as advanced renewable energy solutions, sophisticated energy storage systems, and next-generation grid modernization technologies. He also targets companies leveraging digitalization to enhance utility operations, including artificial intelligence, internet of things (IoT) applications for smart grids, and data analytics platforms that improve efficiency and customer experience. Furthermore, his interests extend to distributed energy resources, cybersecurity for critical infrastructure, and sustainable infrastructure innovations that align with a net-zero future.
While specific individual investments are often part of a broader team effort at NGP, Andre Turenne contributes significantly to building a robust portfolio of companies poised to disrupt and improve the energy sector. These investments are not merely financial; they are strategic partnerships designed to bring new technologies and business models into National Grid's ecosystem, fostering innovation from within and without.
Prior to his role at National Grid Partners, Andre Turenne likely cultivated a strong background in strategic investments, venture capital, or the energy and technology sectors. Professionals in his position typically bring a wealth of experience in financial analysis, market assessment, and technology scouting, enabling them to identify high-potential opportunities and navigate complex investment landscapes. His expertise is instrumental in guiding NGP's investment decisions, ensuring alignment with both financial returns and National Grid's long-term strategic objectives.
Andre Turenne's dedication to fostering innovation through strategic capital deployment underscores National Grid Partners' commitment to shaping a sustainable and technologically advanced energy future. His contributions help National Grid remain at the cutting edge of energy innovation, ensuring reliable, affordable, and clean energy for communities it serves.
Andre Turenne is the Vice President at National Grid Partners, the corporate venture capital arm of National Grid. He focuses on strategic investments in innovative energy and technology startups.
Andre Turenne invests in innovative startups focused on decarbonization, energy storage, grid modernization, digitalization of utilities (AI, IoT), distributed energy resources, and cybersecurity for critical infrastructure, aligning with National Grid's strategic objectives.
Andre Turenne works at National Grid Partners, which is the corporate venture capital and innovation arm of National Grid.
