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It has developed a digital platform to connect heat pump producers with local networks
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Its fund aims to invest in revolutionary climate technologies, focusing on companies that have already achieved early technical validation but have not yet reached full maturity at scale
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Its European Fund will target ‘mission-driven’ companies with established products, markets and customers across the full spectrum of the energy transition
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The investments from Breakthrough Energy Ventures and Energy Impact Partners will enable the company to deploy its technology to slash industrial emissions
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The relationship with Energy Impact Partners aligns with FirstEnergy’s pledge to achieve carbon neutrality by 2050, with an interim goal of achieving a 30% reduction in emissions by 2030
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Energy Impact Partners’ in-house team works closely with its strategic investors to identify, invest in and scale disruptive innovation from the early idea stages through to commercial success
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