Montreal and Toronto, September 20, 2021 – Cycle Capital, a leading cleantech venture capital platform, announces the promotion of Dan Pinault as partner and Gary Berdowski as Associate.

Dan Pinault (on the left side of the picture) joined Cycle Capital as a Principal in 2019. He has well over a decade of experience advising and evaluating investments in the energy transition. Prior to joining Cycle Capital, Dan worked at Brookfield as Director of Mergers & Acquisitions where his primarily responsibility was growing Brookfield’s district energy platform, Enwave Energy Corporation. Dan also worked as a Management Consultant at Navigant (now Guidehouse) where he was focused on evaluating disruptive technologies related to renewable power generation, clean transportation and grid modernization. His deep sector experience adds a great deal of depth to Cycle Capital’s investment team.

Gary Berdowski (on the right side of the picture) joined Cycle Capital as an Analyst in 2019. As an Associate, he will be responsible for risk and market analysis, as well as performing asset and business valuations. Prior to joining Cycle Capital, Gary worked 7 years at industrial manufacturing company Velan.

“Dan brings a unique combination of entrepreneurial, industrial and investment expertise to the table. His unwavering commitment to the team and support to our companies have led to strong relationships with our investors and portfolio entrepreneurs and we are thrilled to see him join the partnership”, says Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital. “Both Gary and Dan are dedicated team members, and we are pleased to recognize their excellent work with these promotions”