Susana Quintana-Plaza presents the co-investment strategy of EON
Ecosummit TV: Susana Quintana-Plaza presents the co-investment strategy of EON at ECO13 London. Since 2013 the German utility has been very active as a corporate co-investor in the US and Europe having made 9 direct investments including Opower, Sungevity, Bloom Energy, Orcan Energy (ECO14 Award Bronze) and, most recently, Berlin-based heating system online retailer Thermondo. EON also made 1 fund investment into the American VC Westly Group to quickly learn the trade. With 35 million customers and revenues of €122.5B in 2013, EON co-invests with the aim of rolling out the startups’ products to their customer base to help generate new revenues. This means that startups should have a competitive product and revenues to get EON excited about a participation. The next opportunity to pitch to Susana and her team is ECO14 London on 7-8 October.
The ECO13 London presentation slides of Susana are available as PDF.
Tags: Bloom Energy, Corporate, Corporate Venture Capital, ECO13 London, ECO14 London, Ecosummit London 2013, Ecosummit London 2014, Open Innovation, Opower, Orcan Energy, Smart Green Startup, Smart Green Utility, Strategic Co-investments, Sungevity, Susana Quintana-Plaza, Thermondo, Westly Group