The global investment firm Carlyle Group and the specialist for digital transformation of energy management and automation, Schneider Electric, extended their partnership to develop critical infrastructure projects, and to meet the growing need for sustainable investments for critical assets and services. A new joint venture was set up especially for the new area of responsibility. The development of more intelligent infrastructure projects and reliably distributed energy and micro grids from the design and construction phase will run under the name AlphaStruxure.
“Strong and resilient critical infrastructure is fundamental to powering and maintaining our digital economy. We are just scratching the surface of the investment needed to create more modern airports, water systems, transportation systems and others that will support future demand and connect society,” said Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric. “While infrastructure is a global issue, it can only be addressed at a local level. We believe our partnership leverages the best of our organizations’ abilities: Carlyle’s ability to get deals done with local stakeholders support and our global technology expertise and footprint to optimize projects that will provide immediate, tangible impact for economies globally.”
AlphaStruxure will use Schneider Electric and The Carlyle Group’s strategic alliance to deliver an energy-as-a-service model that empowers customers to stabilize long-term energy costs and upgrade critical energy infrastructure. Juan Macias, who can draw on almost 30 years of expertise in global energy technology and new market efforts, will lead the company as Chief Executive Officer.
Source: Carlyle Group | www.carlyle.com
Image Source: Pixabay | www.pixabay.com
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