ImpactAlpha, June 14 — Boston-based GreenStruxure is a joint venture partnership between Schneider Electric and impact investor Huck Capital to help large building owners transition to clean energy by covering upfront costs (see, and listen to, “Shutdown accelerates shift to digitized, decentralized, decarbonized electricity”).
AXA, through its impact fund, is investing $15 million in the company. With its zero-carbon, clean energy microgrids, “GreenStruxure is providing sustainable, more resilient and stable energy solutions,” said AXA’s Jonathan Dean.
GreenStruxure, launched in August 2020, raked in $500 million from ClearGen, a Blackstone portfolio company, last month.
AXA’s impact portfolio
Recent deals from AXA’s Impact Fund include Mexico’s Sistema.bio, which sells farmers low-cost biodigesters that convert waste into clean energy and biofertilizer. The French investment manager also backed Forest Carbon to restore wetlands in Indonesia.