GreenStruxure Teams with Energy Advisory Company…Beyond the Grid Fund Opens Call for Microgrids in Mozambique

GreenStruxure joins forces with energy advisory company on microgrids for medium-size buildings

GreenStruxure, the joint venture between Schneider Electric and private equity firm Huck Capital, has formed a microgrid partnership with a Texas-based retail energy advisory service.

TruEnergy will work with GreenStruxure to offer energy-as-a-service microgrids. The financing approach requires no capital investment or operational risk on the part of the customer.

The partnership will operate nationally and focus on medium-sized commercial and industrial buildings.

Launched in September 2020, GreenStruxure offers modular, standardized microgrids that are no larger than 5 MW. The company says that it can get its microgrids up and running in about a year. TruEnergy offers energy procurement 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 customers that spend at least $35,000/month on electricity and seek reliable power that will help them attain sustainability targets.

“Our customers want to take control of their energy — keep their costs low and predictable, ensure they have power at critical times and minimize their carbon footprint ­­— ­and they don’t see a simple way to do this today,” said Jose Lorenzo, GreenStruxure CEO.

GreenStruxure is Schneider’s follow-up to AlphaStruxure, a company Schneider launched with private equity giant Carlyle Group. AlphaStruxure targets larger commercial and industrial projects and infrastructure.

Beyond the Grid Fund to provide financing for microgrids in Mozambique