EIP brings together entrepreneurs and many of the world's most forward-looking energy and industrial companies to advance innovation. The company has 390 million euros to deploy in European investments to accelerate the growth of innovative technologies which have the potential to drive the transition towards net zero. The Fund is structured to enable EIP to locally partner with European entrepreneurs and support their growth with a combination of capital and commercial support through EIP’s coalition of industrial firms.
“This is an important strategic partnership for DNV alongside other organisations that are committed to accelerating the energy transition” said Lucy Craig, Director of Growth, Innovation and Digital, Energy Systems at DNV. “DNV will provide start-ups with insight into this highly dynamic field and will collaborate with our partners in EIP in investigating new topics within the energy sector.”
The arrangement also provides scope for DNV to expand its American operation through EIP’s established presence in North America.
Contributions to the Fund are drawn from a broad set of institutional investors, impact investors and corporates in a range of industries, including energy, utilities, technology and infrastructure and transport.
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