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.
Read moreJan Michael Hess opens Ecosummit London 2013
Ecosummit TV: Jan Michael Hess opens Ecosummit London 2013. Our 6th cleantech conference took place on 15-16 October at the Crystal, the urban sustainability HQ of Siemens in the Docklands. 150 participants came together to discuss smart green cities and to pitch new solutions and investment opportunities. The Crystal is the perfect location for Ecosummit London. Moreover, the LEED Platinum building is a role model for other corporates that want to co-invent the urban future and invest in a long-term technology showcase and marketing tool. Our highlight was the Ecomobilité Ventures Flinc deal announced at ECO13 London. After the NRW Bank O-Flexx investment, this is already the second deal facilitated by Ecosummit.
Read moreSmart green corporate venture capital panel with Eon, Aster, Electranova and Entelios
Ecosummit TV: Tim Lafferty of Global Corporate Venturing moderates the smart green corporate venture capital panel featuring Susana Quintana-Plaza (E.ON), Alexander Schlaepfer (Aster), Philippe Ringenbach (Electranova) and Tom Schulz (Entelios). Being an important pillar of the open innovation strategy of multinationals, corporate venture capital is a big trend as 500 new CVC units were created in the last 3 years. At least 10% of the CVCs are active in one or several of the cleantech sectors. Next to money, CVCs offer strategic value through market access and technological expertise.
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