Energy & Science

Schneider Electric, Investors Push to Speed Up U.S. Microgrids

    

Photographer: David Paul Morris/Bloomberg
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Betting on growing demand to finance and support mini power plants, Schneider Electric SE said on Friday that it was partnering with investors to launch a new company focused on microgrids for small and medium-sized U.S. businesses.

Investors led by Jeff Ubben’s new sustainable investment firm Inclusive Capital Partners and clean energy-focused Huck Capital, will back the partnership.