UPDATE – e2Companies Secures $100 Million Investment Commitment from GEM, as Company ...
Summary
BONITA SPRINGS, Fla., Jan. 17, 2024 (GLOBE NEWSWIRE) -- e2Companies, a leading provider of integrated solutions for power generation and distribution, announced today that it has secured a $100 million investment commitment from Luxembourg based Global Emerging Markets (GEM). Increasing the strength of the grid where it is needed the most at the source of power consumption.The GEM investment will strengthen the company financially and support the ongoing development of Virtual Utility\xae. This includes new product discovery and manufacturing capabilities in North America and Europe while delivering additional value creation and margin improvement across international markets. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 570 transactions in 70 countries. This includes 24x7x365 asset monitoring, and energy optimization programs to unlock new revenue opportunities for customers.To learn more about e2Companies visit www.e2companies.com