Schneider Electric, the global firm in energy technology, and Seraya Partners, an Asia-focused infrastructure investor, has announced the launch of Faraday Energy, a new energy infrastructure platform established in strategic partnership between the two firms.
Faraday combines Schneider’s global energy technology leadership with Seraya’s infrastructure capital and platform-building expertise. Seraya will commit up to $500 million of equity capital to support Faraday’s growth across Asia Pacific and Gulf Cooperation Council countries as well as other selected international markets.
Faraday will develop, finance, own and operate distributed and customer-sited energy infrastructure projects. These projects will provide energy and decarbonization solutions on an OpEx-based model to commercial and industrial facilities, power and grid infrastructure operators and data centers.
Under long-term contracted arrangements, Faraday will deliver vendor-agnostic, scalab
