German energy company E.ON forms EUR250 million venture fund focused on smart grid tech
October 8, 2020 | Uncategorized
The German energy company E.ON, which counts over 50 million commercial, residential, and industrial customers, has created a new EUR250 million ($265 million) investment fund called Future Energy Ventures to invest in “asset-light” tech startups. As utilities move to decarbonize their sources of energy generation they’re coming to the realization that they will need exposure […]