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Schneider Electric invests in Biofuels Junction : The Daily Digest

Schneider Electric invests in Biofuels Junction : The Daily Digest
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Schneider Electric invests undisclosed amount in Biofuels Junction

Schneider Electric invests undisclosed amount in Biofuels Junction
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schneider electric: Schneider Electric Energy Access Asia co-leads investment in Biofuels Junction

SEEAA is an impact fund dedicated to investing in clean energy start-ups that work towards increasing the quality of life and boosting economic development in Asia.

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Schneider Electric Energy Access Asia co-leads investment in Biofuels Junction

Schneider Electric Energy Access Asia co-leads investment in Biofuels Junction
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Gilles vermot desrochesDeepak sharmaAshvin patilSchneider electricSchneider electric energy accessBiofuels junctionVermot desrochesZone presidentGreater indiaSchneider electric india

clean energy: Schneider Electric invests undisclosed amount in Biofuels Junction

Schneider Electric has invested in Biofuels Junction through its clean energy fund, Schneider Electric Energy Access (SEEAA). The Mumbai-based clean energy venture manufactures and aggregates solid biofuels, such as briquettes and pellets made from agricultural residues, as an alternative to fossil fuels. Schneider Electric aims to support Biofuels Junction in its goal of preventing the burning of agricultural waste. The financial details of the investment were not disclosed. SEEAA is co-funded by Norfund, EDFI MC, and Amundi.

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