Energy efficiency developer Sustainable Development Capital LLP (SDCL) and Schneider Electric have teamed up to provide decentralised power solutions to businesses in the UK and Ireland.
SDCL, which is pursuing the venture as part of its energy-as-a-service initiative, said the partnership will primarily serve heavy energy users like data centres, business parks, industrial sites and universities.
Jonathan Maxwell, CEO and founder of Sustainable Development Capital LLP, said: “We are excited to be partnering with Schneider Electric to provide cutting-edge technologies and innovative financial solutions that are crucial for accelerating the shift towards a sustainable-energy future for companies across the UK and Ireland.
“This partnership is strongly aligned with SDCL’s intention to deliver a cleaner, more resilient energy landscape for companies and the communities they serve.”
Tim Meyer, director of investment and development at Sustainable Development Capital LLP said: “This partnership with Schneider Electric represents a further step forward in our mission to make sustainable-energy solutions more accessible at scale.
“Organisations that want an energy supply that is secure, cost-effective and meets their individual needs will be well served by this offering. By combining Schneider Electric’s technological expertise and SDCL’s investment experience, we will aim to deliver energy services that are lower-cost, and more secure and flexible for our clients.”
David Hall, VP of power systems at Schneider Electric, said: “Our solutions are enabling the transition to the new energy landscape, driving energy efficiency through electrification and digitisation.
“We are delighted to partner with SDCL to bring these solutions to more commercial and industrial customers, helping them to manage their energy costs, and advance their decarbonisation journey.”
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