Broker Partnering With Schneider Electric JV For Energy as a Service

February 9, 2021

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Reporting by Paul Ring • ring@energychoicematters.com

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GreenStruxure, the joint venture between Schneider Electric and Huck Capital, and TruEnergy, an energy advisor and broker, announced that TruEnergy is joining GreenStruxure’s alliance partner program to accelerate the deployment of GreenStruxure’s Energy as a Service business model.

"Together they will address the underserved medium-sized commercial and industrial building market across the United States to provide the energy outcomes customers need with no upfront capital or operational risks," the companies said

GreenStruxure, bringing together Schneider Electric’s expertise in renewable energy microgrids and Huck Capital’s sustainability-focused investments, was launched in September 2020 to help customers address their growing cost, resilience and sustainability challenges. The company offers modular, standardized renewable energy microgrids under a new Energy as a Service model. "Customers have no upfront capital expenses, no risk and do not have to worry about operation or maintenance issues with a complex energy system. They will also enjoy a predictable, long-term contract for energy that provides cost-effective, resilient, sustainable power. The new solution can be up and running in about a year," the companies said

"TruEnergy works with clients of all sizes to find the best electricity and gas plans. The company offers procurement services as well as energy efficiency, sustainability, and tax recoupment services. It currently serves over 15,000 customers throughout North America. With GreenStruxure, TruEnergy will be focusing on medium-sized building customers with demanding sustainability targets, a need for reliable power to run their business, and spend of at least $35,000/month in electricity," TruEnergy said

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