NEoT Capital is financing access to electric energy
NEoT Capital (“New Energy of Things”), is the first ever international company dedicated to funding distributed renewable energies and electric mobility.
Founded by several leading companies including EDF and Forsee Power, NEoT Capital was created to fill a specific need: that of large scale funding to support the global development of distributed renewable energies and electric mobility that has been made possible by the rapid evolution in energy storage technologies, and batteries in particular.
These leading companies decided to join forces to accelerate the development of these new solutions in the transition to clean energy through an unprecedented and unique scheme that meets two major challenges:
- Financial challenges: these solutions are profitable in the long term but stress the current investment budgets of users and operators
- Technological challenges: these solutions incorporate new technologies that demand specific expertise that may be too risky in the eyes of users and operators
NEoT Green Mobility launch: the first investment program targeting electric mobility, in partnership with Caisse des Dépôts
NEoT Green Mobility was launched to provide up to several hundred million euros of capital over the next five years, in France and around the world.
In partnership with selected companies, this offer will provide local authorities and sector players with turnkey electric mobility solutions with the potential to cover any kind of transport (notably buses, trucks, trains, boats, industrial vehicles, and scooters, to name but a few).
NEoT Green Mobility’s products will include:
- Usage of all necessary assets (batteries, charging infrastructure, vehicles, etc.) for 3-20 year periods, according to the customer’s needs
- A comprehensive service that comes with guarantees for the lifetime of the contract (supervision, maintenance, technical support, end-of-life processing, and recycling, etc.)
Other finance schemes are being developed by NEoT Capital for other applications in the energy transition, in particular distributed renewable energies.