Macquarie’s Green Investment Group (GIG) and Siemens’ smart infrastructure and financial services groups have formed a joint venture that will invest in the U.S. onsite energy as a service (EaaS) sector.
The joint venture, known as Calibrant Energy, will offer EaaS solutions to corporate and industrial clients, as well as municipalities, universities, schools and hospitals.
In a joint statement, the investment groups said Calibrant Energy will simplify the transition toward energy decarbonization for United States corporations and institutions by planning, designing, building, owning and operating clients’ energy production and storage assets.
“Many companies and institutions are embarking on a green transition in their energy strategies to take advantage of lower cost, lower emissions and increased resilience,” said Chris Archer, head of Americas for GIG. “With industry-leading technology, deep sector expertise and flexible financing capabilities, C