Dynamic Energy Networks (DEN) has announced that the company has formed a strategic alliance with Schneider Electric and The Carlyle Group to deliver Energy-as-a-Service. DEN also announced that it has rounded out its leadership ranks by acquiring an executive team from Hitachi and RET Capital with decades of experience in development, technology and innovative financial structures.
Energy-as-a-Service – such as discrete energy infrastructure systems that can operate either in connection with or independent of the utility grid for a customer – could grow to a $221 billion global business by 2020, a Navigant Research report estimated.
According to DEN, its business model represents the next phase in the grid’s evolution: highly connected, smart microgrid and DER infrastructure with bespoke and flexible financial and alternative ownership structures. Customers benefit from long-term power contracts that provide cost-effective, resilient and secure supply of clean energy; investors gain access to a diversified set of dynamic energy infrastructure across different market sectors and geographies.
Schneider Electric is a firm focused on microgrid technology and solutions that designed, built and maintains more than 300 advanced microgrids. The Carlyle Group is a global alternative asset manager. Together, the firms will deliver the flexible financing and technology that restructures the market by providing Energy-as-a-Service.
DEN has acquired a top-notch executive team from Hitachi and RET Capital with decades of experience in development, technology, and innovative financial structures. The new team members include:
Starwood Energy has finalized agreements to finance and construct the 100 MW Northwest Ohio Wind Project, located in Paulding County, Ohio.
Read moreGlobal alternative asset manager The Carlyle Group has announced executive leadership changes, effective January 1, 2018.
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Read moreWRB Serra Partners has successfully completed the closing of WRB Serra Partners Fund I, L.P. with committed capital of US$46.5 Million. The fund secured capital from a mix of family office and institutional investors and the Overseas Private Investment Corporation.
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