fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Energy

Energy Impact Partners unveils in Europe with EUR 390 million leading the key market on the road to net zero

Aiming towards partnering with ardent European entrepreneurs to help accelerate the innovations tackling climate change

Ritu M R by Ritu M R
September 14, 2022
in Energy, TGE World Podcast, The Global Economics, Top Stories
Reading Time: 3 mins read
0
Energy Impact Partners unveils in Europe with EUR 390 million leading the key market on the road to net zero

Energy Impact Partners unveils in Europe with EUR 390 million leading the key market on the road to net zero

33
SHARES
183
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Energy Impact Partners (EIP), a global venture capital firm supporting the transition to a sustainable future, announced its first global expansion with the unveiling of its European Fund. EIP has EUR 390 million to deploy in European investments to accelerate the advancement of pioneering technologies which have the potential to drive the transition towards net zero.

Europe is leading in the energy transition and is on the road to net zero where the company is able to see innumerable investable opportunities. The team is exhilarated to now be able to partner with ardent European entrepreneurs to help accelerate the innovations tackling climate change, stated Hans Kobler, Founder & CEO of Energy Impact Partners. EIP’s model of collaboration across industrial partners, entrepreneurs, and their highly-experienced team should also make it easier for European technologies to access the North American market.

The Fund will seek growth and venture investments across the continent, targeting companies with established products, markets and clienteles across a variety of the energy evolution. This comprises of European tech businesses that contribute to safer, more supple and cleaner energy sources.

Reflecting the efficacious strategy of its North American funds, this Fund is designed to allow EIP to partner with European industrialists, supporting their growth and accomplishment with a mixture of capital and commercial support via., EIP’s prevailing coalition of industrial organizations. EIP’s well-known existence in North America also delivers European firms support to develop in the market and gives creators access to occasions to exit in North America. EIP has already capitalized in eleven businesses in Europe comprising:

  • Zolar – Renewable energy provider
  • Grover – Subscription provider driving sustainable customer tech
  • EV. energy – EV charging solutions provider
  • Instagrid – Portable batteries
  • ESG data, Greenly and ESG Book

EIP’s collaborative model brings together a global coalition of more than 50 corporations who are steadfast to decarbonize the global economy. The platform has enabled more than 350 contracts and delivered over $1 billion in business and bookings to a range of 100+ businesses. The new European Fund will bring the partnership-driven model to the European market.

Matthias Dill, CEO and Co-Managing Partner, EIP Europe said that the energy transition is the most promising investment opportunity with a global assessment of USD $9 trillion to be expended per annum. A lot of this cash will be expended on new climate-technologies. At EIP, the team profoundly engrained in the energy-sector through their start-up and industrial coalition portfolio. EIP uses this central role to fund the ardent creators in their efforts to build the most impactful industries.

EIP experienced marvellous demand for climate tech as an investment theme amid financial and corporate Limited Partnerships (LPs), said Nazo Moosa, Co-Managing Partner, EIP Europe.

A key challenge for numerous other businesses is lack of access to bigger, more scalable markets. Through their strong position in the U.S., and their prevailing coalition of industrial partners, EIP’s European Fund is well positioned to play a critical part in scaling up businesses to carbon intensive industries and decarbonize asset.

Brandon Middaugh, Director of the Microsoft Climate Innovation Fund, said that by 2030 Microsoft is aiming towards becoming carbon neutral. As part of the business-inclusive efforts, the Microsoft Climate Innovation Fund designated EIP as its first fund investment in climate tech due to the shared vision of a decarbonized, digitalized energy system of the future, which will be indispensable in the clean energy transition.

Dr. Urban Keussen, Chief Technical Officer of EWE AG, said that energy transition is aiming at becoming even more significant not only to reduce CO2 emissions but to replace fossil molecules with green energy and to lessen energy dependency on individual nations. EWE is engaged with EIP to partner with start-ups and work together with other industrial investors for the benefit their customers.

About Energy Impact Partners

Energy Impact Partners LP (EIP) is a global venture capital company leading the evolution to a sustainable future. EIP brings together industrialists and most forward-looking energy and industrial companies to advance innovation. With over $2.5 billion in assets under management, EIP invests globally across venture, growth, credit, and infrastructure and has a team of more than 70 people based in its workplaces in New York, San Francisco, Washington DC, London, Palm Beach and Cologne.

Via: short url
Tags: co2 emissionsEIPEnergy Impact PartnerseuropeEuropean investments
Ritu M R

Ritu M R

Ritu is a professional who aims at writing informative and engaging articles that appeal to the readers.

Related Posts

Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy
Economy

Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

by Riya Thomas
March 21, 2023
First Republic Shares Plummet Amid Liquidity Fears
Banking

First Republic Shares Plummet Amid Liquidity Fears

by Anuj Singh
March 21, 2023
Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated
Technology

Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

by Rahil Adnan
March 21, 2023
UEM Edgenta Paves the Way for Non-Clinical Tech Companies To Improve Healthcare Services
Exclusive Coverage

UEM Edgenta Paves the Way for Non-Clinical Tech Companies To Improve Healthcare Services

by The Global Economics
March 21, 2023
Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi
Islamic

Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi

by Riya Thomas
March 20, 2023
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

First Republic Shares Plummet Amid Liquidity Fears

First Republic Shares Plummet Amid Liquidity Fears

March 21, 2023
Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

March 21, 2023
Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

March 21, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version