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Remix, a cloud-based platform changing the way cities plan, view and manage transportation, today announced a $15 million Series B funding round led by Energy Impact Partners (EIP), a leading utility-backed energy investment and innovation firm. Remix will use the funding to continue innovating its product while scaling to more cities around the world.
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First European Investment for Energy Impact Partners -- Energy Impact Partners (EIP), the leading utility-backed energy investment and innovation firm, today announced that it has invested $5.7 million (€5 million) in ViriCiti, in a Series A round. The investment in the world’s leading EV fleet efficiency technology company is EIP’s first in a Europe-based firm.
Utilities today face more opportunity — and a greater imperative — for innovation than ever before. The proliferation of new technologies, data and business models present a myriad of options for today's forward-thinking utility. In the face of these opportunities, the key for utilities is to take action and bring the future forward to the company and its employees today.
Audi is partnering with e-commerce giant Amazon and VW Group unit Electrify America as the automaker prepares to deliver its first all-electric SUV to U.S. dealerships next year. The Audi e-tron, which was unveiled Monday night in San Francisco, kicks off the German automaker’s electric vehicle ambitions.
A private equity firm backed by some of the world’s largest utilities has raised $681 million to finance startups developing clean-energy technology. Energy Impact Partners LP, which represents giants including Southern Co., National Grid Plc and AGL Energy Ltd., has already invested more than $200 million in companies like Advanced Microgrid Solutions LLC, AutoGrid Systems Inc. and Tendril Networks Inc. The amount raised includes up to $150 million in U.S. Small Business Administration loans, according to a statement Wednesday.
Clevest Solutions Inc. and FortisBC Inc. were named the winners of a Bronze Stevie® Award in the Energy Industry Innovation of the Year category in The 15th Annual International Business Awards® today.
Clevest Solutions Inc., a leading provider of mobile workforce automation software including smart grid operations technology, has been selected by Tucson Electric Power (TEP) for a Mobile Workforce Management solution to provide them with a common mobile enterprise platform.
RESTON, Va., Jan. 23, 2018 /PRNewswire/ -- Electrify America announced today that it has selected Greenlots, a leading provider of grid-enabled electric vehicle (EV) smart charging solutions, to deliver the operating platform for its network of high-power fast chargers that will greatly expand highway and other EV charging capabilities across the United States.
Powerphase today announced that it has closed an investment from strategic investors including Xcel Energy (NYSE: XEL), the nation’s top wind energy provider. In addition to the investment from Xcel Energy, Powerphase is welcoming ClearSky Managing Director James Huff to its Board of Directors. This latest investment will be used to grow global sales of the Powerphase products through expanded strategic partner relationships.
NEW YORK, NY--(Marketwired - Aug 14, 2017) - Energy Impact Partners LP (EIP) today announced that it has closed a $10 million investment in Dragos Inc., an industrial control system (ICS) cybersecurity company focused on securing global industrial infrastructure.
Energy Impact Partners, a coalition of utility investors, is continuing its bet on the grid of the future, this time backing EV charging company, Greenlots.
SAN FRANCISCO and NEW YORK, July 10, 2017 /PRNewswire/ -- Advanced Microgrid Solutions ("AMS") today announced it has...
Our first-ever scorecard of US utilities, released today, reveals striking regional differences and identifies the best — and worst — performers on energy efficiency. The 2017 Utility Energy Efficiency Scorecard looks at the performance of the 51 largest electric utilities in the United States and highlights cutting-edge efforts. Topping the list are Eversource Massachusetts and National Grid Massachusetts, which both earned the same score.
NEW YORK, NY--(Marketwired - Apr 4, 2017) - Energy Impact Partners (EIP) today announced that it has established a credit group to support U.S.-based small and middle-market businesses, with a specific focus on energy impact-related investments. The group will primarily offer debt financing solutions, such as first and second lien...
Cities will be key to unlocking the promise of a new urban mobility paradigm, and we’re proud to be partnering with the company that will help them do so.
Energy Impact Partners leads new strategic financing to capture large opportunity in Utility Business Customer Engagement. FirstFuel Software, the utility industry leader in customer engagement and intelligence, has further cemented its position with the addition of new blue-chip clients and additional financing in 2018, reinforcing its market leading position. The company added several new customers to its roster, including American Electric Power (AEP), Seattle City Light, and Orange & Rockland. In addition, FirstFuel expanded its existing business with a lineup of leading utility clients including Exelon, ConEdison, and Duquesne Light.
Seventy-one qualifying individuals or teams nominated, including Evan Pittman from EIP.
REDWOOD CITY, Calif., Sept. 10, 2018 /PRNewswire/ AutoGrid, the leader in artificial intelligence (AI)-driven optimization and controls for the energy industry, announced today that it has closed on a Series D investment round from a set of strategic energy investors.
Leading utility-backed investment and innovation firm expands its equity capital with debt fund to support visionary companies defining the energy future Energy Impact Partners (EIP), the leading utility-backed energy investment and innovation firm, today announced that it closed its fundraising efforts with up to $681 million to invest in cutting-edge energy technology companies. The EIP investment capital is comprised of $531 million in capital in its utility-backed Flagship Fund, as well as access to up to $150 million in debt from the U.S. Small Business Administration (SBA) for its credit platform, Energy Impact Credit Fund (EICF).
Clevest President and CEO Thomas Ligocki has been selected as a finalist for the EY Entrepreneur of the Year 2018 Pacific Region in the Cleantech category.
ecobee Inc. today announced that it has closed on a $61 million USD ($80 million CAD) Series C funding round led by Energy Impact Partners, followed by Energy Impact Partners, followed by eight institutional investors including Thomvest, Relay Ventures, and the Amazon Alexa Fund. This funding will allow ecobee to build upon its suite of smart home technologies connected by whole-home-voice control, sensor technology and artificial intelligence. It brings ecobee’s total funding to approximately $146 million USD to-date.
Clevest Solutions Inc.
Clevest has closed an investment with Energy Impact Partners (EIP), a private equity firm that strategically invests in innovative technologies, services, and products throughout the electricity supply chain from generation to consumption.
How do you bet on the next big thing when your job is to keep the lights on no matter what? Utility business models are changing after a century of general continuity, and some companies are looking beyond the already well-proven technologies. Enter the investment firm Energy Impact Partners, a group of 16 global energy companies, including major utilities such as Southern Company, National Grid and Xcel Energy, that represent a cumulative $263 billion in market value.
NEW YORK, NY--(Marketwired - Aug 9, 2017) - Energy Impact Partners LP (EIP) today announced the addition of a non-regulated subsidiary of Alliant Energy Corporation (Alliant Energy) as the latest investor in its Nexus strategic partner network. Alliant Energy, a Wisconsin-based leader in electricity and natural gas energy solutions, joins more than a dozen other Nexus utility partners.
Firms Look to Use Big Data to Make Grid More Efficient. First, it was the music industry and travel agents, then shopping and taxicabs. Now, as Silicon Valley pushes to digitize the globe, its next target for disruption is the power industry.
NEW YORK, NY and JUPITER, FL--(Marketwired - Jun 15, 2017) - Energy Impact Partners (EIP) today announced that it has closed an investment in Powerphase, a provider of advanced gas turbine upgrade technology. The investment is the first institutional round of financing raised by Powerphase.
NEW YORK, NY and BANGKOK, THAILAND--(Marketwired - Jun 6, 2017) - Energy Impact Partners LP (EIP) today announced the addition of PTT Public Company Limited (PTT), Thailand's leading energy company, as the latest investor in its Nexus strategic partner network. PTT joins Southern Company, National Grid plc, Xcel Energy Inc.,...
Energy Impact Partners (EIP) is a first-of-its-kind electric utility investment fund, formed by industry players with several years of energy experience. The fund is built on a collaborative strategic investing approach pioneered by the team when they worked at General Electric.
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Energy Impact Partners (EIP) announced that it has provided up to $20 million in financing facilities to Palmetto Clean Technology, Inc. through EIP’s credit platform, the Energy Impact Credit Fund (EICF).
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Energy Impact Partners (EIP), the world's largest technology fund focused on the transformation of the energy industry, today announced the sale of Greenlots, a global leader in EV charging software and solutions, to Shell Global.
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NEW YORK, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Energy Impact Credit Fund (EICF), the credit platform of Energy Impact Partners (EIP), the leading utility-backed energy investment and innovation firm, today announced that it has provided a $22 million credit facility to Aquam Corporation, an integrated pipe infrastructure solutions company, based in San Diego, CA, that provides proven technology solutions to owners and operators of both water and natural gas pipe infrastructures. The financing is comprised of a $17 million loan for refinancing and working capital, as well as a $5 million delayed draw term loan available for growth and acquisitions.
CEO Hans Kobler lays out plans for $150m federally backed credit fund, plus $531m in equity, for startups to meet utilities’ next-generation needs.
Swell Energy has joined forces with AutoGrid to create North America's largest network of residential batteries dispatched for grid benefits.
Back in 2015, California real estate developer Irvine Company announced plans to turn high-rise properties into “hybrid-electric buildings” by equipping them with Tesla batteries and then turning them over to energy storage project developer Advanced Microgrid Solutions to earn money serving the power grid.
Orkas Inc./ Ake Almgren
"Resilience and Stability of Ecological Systems” was a paper by the Canadian ecologist C.J. Hollings published in the Annual Review of Ecology and Systematics 1973. The concept of resilience was used to describe the persistence of natural systems in face of changes in the ecosystem. The paper has had a major impact within ecology and the concept of resilience has later been expanded to many other areas, including the electric grid.
Today at the One Planet Summit in Paris, Breakthrough Energy founder Bill Gates will announce the expansion of the Breakthrough Energy Coalition (BEC) and the initial focus areas for Breakthrough Energy Ventures’ investments.
Frost & Sullivan
Greenlots' SKY Smart Charging Platform recognized for bridging electric vehicle charging infrastructure and energy management software to meet global market demands.
FirstFuel Software, the global leader in business customer engagement for the energy industry, announced today that it has experienced continued growth in 2017, increasing its customer roster to 30 utilities in North America and Europe while successfully posting strong results with utilities and energy providers that have rolled out its cloud-based platform this year.
NEW YORK, NY--(Marketwired - Jul 11, 2017) - Energy Impact Partners LP (EIP) today announced the addition of TransCanada Corporation (TransCanada) -- a North American energy infrastructure leader with natural gas and liquids pipelines, power generation and gas storage facilities -- as the latest investor in its Nexus strategic partner...
NEW YORK, NY--(Marketwired - Jun 8, 2017) - Energy Impact Partners LP (EIP) today announced the addition of OGE Energy Corp. (OGE Energy) as the twelfth investor in its Nexus strategic partner network. OGE Energy joins Southern Company, National Grid plc, Xcel Energy Inc., AGL, Avista Corp., Fortis Inc., Ameren...
NEW YORK and BILLERICA, Mass., May 25, 2017 /PRNewswire/ -- CIMCON Lighting, the leading global provider of intelligent lighting and Smart City technologies, announced today a $15 million Series B funding round led by Energy Impact Partners (EIP), a collaborative strategic investment firm that counts leading utilities as its limited partners.