Schneider Electric and General Electric have returned to back the Invenergy-sponsored venture firm’s second vehicle, alongside LPs including American Electric Power, Equinor and Xcel Energy.
Energize Ventures, a US-based venture capital offshoot of power producer Invenergy, closed a $330m second fund yesterday featuring a host of corporate investors as limited partners (LPs). Invenergy anchored the fund and was joined by backers including energy management technology producer Schneider Electric’s SE Ventures vehicle and industrial and power equipment maker General Electric’s GE…
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