Investment Summary

Schneider Electric Invests In EnergySage

On February 17, 2022, Schneider Electric invested in renewable energy company EnergySage

Investment Highlights
  • This is Schneider Electric’s 2nd transaction in the Renewable Energy sector.
  • This is Schneider Electric’s 20th transaction in the United States.
  • This is Schneider Electric’s 3rd transaction in Massachusetts.

Investment Summary
Date 2022-02-17
Target EnergySage
Sector Renewable Energy
Investor(s) Schneider Electric
Deal Type Stake Purchase

Target

EnergySage

Boston, Massachusetts, United States
EnergySage is an online comparison-shopping marketplace for rooftop solar, energy storage, project financing, and community solar. EnergySage empowers consumers to request and compare competing quotes online from a network of more than 500 pre-screened installation companies – a formula that is proven to result in a higher rate of adoption, 20 percent lower prices on average for consumers, and significantly lower costs for renewable energy providers. EnergySage was founded in 2009 and is based in Boston, Massachusetts.

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Investor(S) 1

Investor

Schneider Electric

Rueil Malmaison, France
Category Company
Founded 1836
Sector Electrical Equipment
Employees164,640
Revenue 35.9B EUR (2023)
DESCRIPTION

Schneider Electric is a provider of electricity distribution, automation management and produces installation components for energy management. Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. Schneider Electric was founded in 1836 and is based in Rueil-Malmaison, France.

DEAL STATS #
Overall 39 of 41
Sector (Renewable Energy) 2 of 2
Type (Stake Purchase) 2 of 2
State (Massachusetts) 3 of 3
Country (United States) 20 of 21
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Uplight

Boulder, Colorado, United States

Uplight is a provider of energy management software, hardware, and services for consumers and utility companies. Uplight data analytics on more than 123 million homes creates new business opportunities for any product or service provider connected to the home. Today, this includes electric and gas utilities, and energy retailers. Built over more than a decade, the Tendril Platform delivers real-time, ever-evolving data about the home and how people use energy in it. These rich insights help our customers improve customer acquisition, increase engagement and orchestrate home energy experiences. Uplight was founded in 2004 and is based in Boulder, Colorado.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-08 Eurotherm

Worthing , United Kingdom

Eurotherm provides temperature, power, and process control, measurement, and data management equipment, systems, software, and services for global industrial markets. Eurotherm is based in Worthing, United Kingdom.

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