SOURCE: Energy Impact Partners

Energy Impact Partners

June 07, 2016 09:00 ET

Ameren Joins Energy Impact Partners Utility Coalition

Energy Impact Partners Adds Another Utility Partner as Investment Firm Expands Its Network

NEW YORK, NY--(Marketwired - Jun 7, 2016) - Energy Impact Partners LP (EIP) today announced the addition of Ameren Corporation (NYSE: AEE) to its Nexus strategic partner network. Ameren joins Southern Company (NYSE: SO), National Grid plc (NYSE: NGG), and Xcel Energy Inc. (NYSE: XEL) as strategic partners working collaboratively on innovation, new technologies, business models and investments focused on the future of the electric utility industry. 

EIP works with its partners to adapt strategy to a changing energy landscape, to enable innovation, and to enhance operational excellence in their core businesses. Based in New York and San Francisco, EIP is led by a team of professionals who built their careers developing the strategic technology investment business at General Electric. EIP recently announced its first investment, leading a round for AutoGrid Systems, which provides big data analytics and cloud computing solutions for the energy industry.

"Energy Impact Partners is honored to have Ameren join our platform," commented EIP Managing Partner Hans Kobler. "Ameren's commitment to customers and to operational excellence makes it a perfect fit with our other partners. Together we're working to build the foundations of today's global electricity infrastructure and to help our strategic partners become its leaders."

"We find ourselves in great company with EIP's other strategic partners," said Ameren CEO Warner Baxter. "It is a challenge for a utility to combine innovation with robust and reliable service, but innovation is essential to position Ameren for the future and to meet the rapidly evolving needs of our customers. We look forward to working with EIP and the other partners on meeting that challenge."

EIP invests in companies along the full lifecycle of an electron, from generation through transmission and distribution to consumption. Key focus areas are set by EIP's strategic partners and include energy efficiency, sustainable generation, energy storage, connected devices, big data and software solutions, and energy management -- "The Grid of Things."

About Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm focused on companies optimizing energy consumption and improving sustainable energy generation. EIP is based on a collaborative strategic investment approach, pioneered by the firm's principals at GE. EIP seeks to bring the best companies, experience and vision in the industry to bear on the emerging energy landscape. EIP's strategic partners include Southern Company, National Grid plc, Xcel Energy Inc., and Ameren Corporation. EIP focuses on growth equity opportunities, companies with a proven product or service at the inflection point of their development, and special situations involving targeted strategic sectors where EIP and its partners can make a difference. 

About Ameren
St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric delivery and transmission service as well as natural gas delivery service while Ameren Missouri provides vertically integrated electric service, with generating capacity of 10,200 megawatts, and natural gas delivery service. Ameren Transmission of Illinois develops regional electric transmission projects. For more information, visit Ameren.com.

Contact Information

  • Contact info:
    Eugene Hunt
    Trevi Communications for Energy Impact Partners
    Email Contact
    (978) 750-0333

    Energy Impact Partners, LLC
    Email Contact
    (212) 899-9700