Global investment platform Energy Impact Partners has partnered with European companies to form the Energy Impact Partners Global Innovation Platform.
The European Coalition comprises companies including EWE, Fortum, Enterprise Holdings, AGL, Nysno and Tronder Energie. The aim is to foster innovation towards a sustainable energy future.
The coalition encompasses over 25 industrials with revenues exceeding the combined sales of Amazon, Facebook and Google and access to more than 200 million households.
The coalition will advance research, development and the adoption of new technologies to tackle climate change.
EIB and Luxembourg partner to boost climate finance in Europe
Onshore wind energy to boost UK economy by £28.9bn with gov. support
UK government’s financial arm unveils radical net-zero emissions plan
EIP and its investors and partners will share insights, invest in innovative and transformative businesses, and amplify entrepreneurs’ growth through dedicated partnerships.
Matthias Dill, the CEO for Energy Impact Partners, said: “Our proven model is based on collaboration, learning, and sharing – and it can only thrive with the right partners. We are thrilled to see some of the most innovative European players and AGL, the leading utility in Australia, join our mission as founding members.”
Arun Aggarwal, senior vice president of Fortum’s Business Technology unit, adds: “As a partner, Fortum will gain early access to new business models and solutions in both European and US markets. The aim is to be in the frontlines in finding, piloting and scaling the innovations with potential to change the energy sector as we know it.”
Siri Kalvig, the CEO of Nysno Climate Investments and Chair of EIP’s ESG Committee, reiterates: “To halt climate change, we need to make an impact now. By bringing together industry, capital and visionaries we have the best chance to succeed. We look forward to working with EIP in Norway and beyond.”