Business Wire

Energy Impact Partners Announces Microsoft Will Join Global Innovation Platform

Share

Energy Impact Partners (EIP), a global investment platform leading the transition to a sustainable energy future, has announced that Microsoft Corp. is joining EIP's global Partner network through its newly formed $1 billion Climate Innovation Fund.

EIP's Partner Network includes over 30 major energy and industrial companies, who join the firm's global coalition around a shared mission to accelerate the pace of innovation and rapidly scale the adoption of critical climate solutions. EIP has pioneered a unique, collaborative engagement model that elevates insights and best practices, invests in transformative businesses, and supports the growth of clean technology start ups by facilitating dedicated industrial partnerships between its portfolio and investor base.

“To reimagine a sustainable energy future in this critical decade for action, it is essential for industry and innovators to work together. We are thrilled to welcome Microsoft to our global innovation platform. Their experience and expertise will only strengthen the leverage of our remarkable coalition in this common cause,” says Hans Kobler Founder and Managing Partner at EIP.

The Climate Innovation Fund, which launched in January as part of Microsoft's wider, ongoing commitment to a carbon-negative future, was set up to accelerate the global development of carbon reduction, capture, and removal technologies. Over the next four years, Microsoft has committed to investing $1 billion in climate solutions that need capital to scale in the market and investments that will accelerate existing climate solutions and create new technologies. With its global cloud footprint, Microsoft relies on energy systems around the world. Investments in grid resilience, backup power, energy efficiency, and load management can provide insights and solutions for its own operations. By 2030, Microsoft has pledged to be carbon-negative, learn more about the company's carbon goals at Microsoft on the Issues.

“Microsoft and EIP both know that to quickly make the technological changes to address climate change, we need to invest in accelerating innovation, sharing learnings among partners, and collaborating. The EIP platform creates an ecosystem for innovation in which portfolio companies and investors work together to solve key challenges in decarbonizing and digitizing the energy and transportation sectors,” states Brandon Middaugh, director of the Microsoft Climate Innovation Fund. Middaugh will also join the EIP ESG Advisory Committee.

About Energy Impact Partners

Energy Impact Partners (EIP) is a global investment platform leading the transition to a sustainable energy future. EIP brings together entrepreneurs and the world's most forward-looking energy and industrial companies to advance innovation. With over $1.5 billion in assets under management, EIP invests globally across venture, growth, credit and infrastructure – and has a team of more than 45 professionals based in its offices in New York, San Francisco, Palm Beach, London, Cologne and soon Oslo. For more information on EIP, please visit www.energyimpactpartners.com.

Contact information

EU Press
Antonella Scimemi, Burlington
antonella@burlington.cc +44 (0)7530 815 018

U.S. Press
Tori McDonnell
Silverline Communications
tori@teamsilverline.com +1-703-338-2362

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Wintershall Dea and Cognite Enable Domain Experts to Harness Value From Data in the North Sea21.9.2020 11:50:00 CESTPress release

In a continued commitment to drive value through digital, Wintershall Dea has agreed with Cognite to deploy Cognite Data Fusion (CDF) to Brage, scaling the Wintershall Dea Data Hub from Germany to Norway. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200921005336/en/ This effort builds on an existing partnership between the companies. It will allow the ingestion and contextualization of data from the Brage field to build applications which support Wintershall Dea domain experts in decision-making for smart maintenance and production optimization. An advisory tool to enable dynamic separator capacity limits will be developed to support decisions related to production optimization, thereby increasing throughput & reduced OPEX. Safety optimization for critical valves will be achieved by moving from calendar-based maintenance to proactive maintenance, by using contextualized data from valves and other safety-critical equipment.

Sagemcom AMI Solution, a Key Driver in the Swedish Energy Transition to a Sustainable Future21.9.2020 10:30:00 CESTPress release

In September, ELLEVIO will continue to improve the Swedish electricity system by being one the first Nordic DSO to start its 2nd generation smart meters large scale rollout. This massive rollout is the result of joint achievements between ELLEVIO, Sagemcom and its local Partner, ONE Nordic. Since the award in March 2019, Sagemcom has developed and delivered a new generation of S211 single phase meters and T211 polyphase meters which allow ELLEVIO to take up the new energy landscape and customer care. The advanced deep indoor dual cellular technology LTE NB IoT + LTE Cat-M is used to secure the reliability of the solution. In less than 8 months and within a specific context, Sagemcom has developed and certified the new generation of smart meters which are installed in the field by ONE Nordic since June 2020 in Stockholm area. The new key features have already been deployed offering a combination of end-user experience - through a customer local interface (P1 Port) - and Low-Voltage netw

Market Failure? kENUP and YUVEDO High-Level Online Event Kick-starts Call for Projects Tackling the Growing Threat of Parkinson’s and Other Neurodegenerative Diseases .21.9.2020 10:14:00 CESTPress release

On Friday, 18 September 2020, YUVEDO Foundation and kENUP Foundation held a high-level online conference to kick-start an open public call for projects tackling the growing threat of Parkinson’s (PD) and other neurodegenerative diseases (NDD). Despite the predictable medical, social and economic challengesof NDDs, too little has happened in recent years to address the underlying causes of NDDs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200921005283/en/ Market and Regulatory Failure? High-Level Online Conference Kick-starts Open Public Call for Projects Tackling the Growing Threat of Parkinson’s and Other Neurodegenerative Diseases (Photo: Business Wire) An expert report by Professor Maier-Rigaud of NERA Economic Consulting presented at the conference, showed that there are indications for market and regulatory failure around the development of interventions against PD and other NDDs: High risk in product development is

PMI Announces Keynote Speeches at International Forums During UN General Assembly21.9.2020 10:00:00 CESTPress release

MEDIA ADVISORY: Philip Morris International Inc. (PMI) (NYSE: PM) today announced its participation in a series of events over the course of the United Nations General Assembly. Senior executives, including PMI’s CEO André Calantzopoulos and COO Jacek Olczak, will address international forums to talk about the critical role that science can play in driving innovation, progress, and policy to tackle the most pressing global issues. Keynote virtual events include: September 21: PMI COO Jacek Olczak is joining the Diplomatic Courier’s “The SDG’s in Action Forum”discussing “Industry, Infrastructure and Innovation” September 23: Silke Muenster, Chief Diversity Officer, will address The Hill’s “Work Defined” virtual event September 24:PMI CEOAndré Calantzopoulos will present high-level remarks during the 2020 Concordia Annual Summitexploring “Leading Industry Transformation with Purpose” September 29: André Calantzopoulos will be a panelist in a custom event with Dow Jones' The Trust on “Mul

Thales Empowers Organisations to Simplify the Discovery, Protection and Control of Sensitive Data21.9.2020 09:00:00 CESTPress release

Thales today announced the launch of the CipherTrust Data Security Platform, the industry’s first unified data protection solution that enables organisations to discover, protect, and control their most sensitive data wherever it resides. The new platform helps solve key challenges they face today. These include data security complexity caused by multi-cloud adoption, evolving global and regional privacy regulations, as well as the risk of data breaches from external and internal threats. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200921005046/en/ Copyright Thales Drawing from years of data protection innovation, Thales has built the CipherTrust Data Security Platform to seamlessly unify data discovery, classification and data protection, along with strong access controls and centralised key management. The ‘all-in-one’ platform combines the best of Thales’s Vormetric and SafeNet KeySecure technologies to give organisati

Inflazome Announces Acquisition by Roche21.9.2020 08:00:00 CESTPress release

Inflazome announced today that it has closed a share purchase agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY) in which Inflazome’s shareholders received an upfront payment of €380 million, and are eligible to receive additional contingent payments to be made based on the achievement of certain predetermined milestones. Inflazome was founded in 2016 by leading medical researchers Prof Matt Cooper (University of Queensland, Australia) and Prof Luke O’Neill (Trinity College Dublin, Ireland). The company is a leader in the development of inflammasome inhibitors. The acquisition gives Roche full rights to Inflazome’s entire portfolio which is composed of clinical and preclinical orally available small molecule NLRP3 inhibitors. Roche intends to further develop NLRP3 inhibitors across a wide variety of indications with high unmet medical need. Matt Cooper, Chief Executive Officer, Inflazome, commented: “We are delighted to close this deal with Roche, an outstanding pharmaceutical company w