Energy Impact Partners Adds Another Utility Partner as Investment Firm Expands Its Network
NEW YORK, NY--(Marketwired - Jun 7, 2016) - Energy Impact Partners LP (EIP) today announced the addition of Ameren Corporation
(NYSE: AEE) to its Nexus strategic partner network. Ameren joins Southern Company (NYSE: SO), National Grid plc (NYSE: NGG), and
Xcel Energy Inc. (NYSE: XEL) as strategic partners working collaboratively on innovation, new technologies, business models and
investments focused on the future of the electric utility industry.
EIP works with its partners to adapt strategy to a changing energy landscape, to enable innovation, and to enhance operational
excellence in their core businesses. Based in New York and San Francisco, EIP is led by a team of professionals who built their
careers developing the strategic technology investment business at General Electric. EIP recently announced its first investment,
leading a round for AutoGrid Systems, which provides big data analytics
and cloud computing solutions for the energy industry.
"Energy Impact Partners is honored to have Ameren join our platform," commented EIP Managing Partner Hans Kobler. "Ameren's
commitment to customers and to operational excellence makes it a perfect fit with our other partners. Together we're working to
build the foundations of today's global electricity infrastructure and to help our strategic partners become its leaders."
"We find ourselves in great company with EIP's other strategic partners," said Ameren CEO Warner Baxter. "It is a challenge
for a utility to combine innovation with robust and reliable service, but innovation is essential to position Ameren for the
future and to meet the rapidly evolving needs of our customers. We look forward to working with EIP and the other partners on
meeting that challenge."
EIP invests in companies along the full lifecycle of an electron, from generation through transmission and distribution to
consumption. Key focus areas are set by EIP's strategic partners and include energy efficiency, sustainable generation, energy
storage, connected devices, big data and software solutions, and energy management -- "The Grid of Things."
About Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm focused on companies optimizing energy consumption and improving
sustainable energy generation. EIP is based on a collaborative strategic investment approach, pioneered by the firm's principals
at GE. EIP seeks to bring the best companies, experience and vision in the industry to bear on the emerging energy landscape.
EIP's strategic partners include Southern Company, National Grid plc, Xcel Energy Inc., and Ameren Corporation. EIP focuses on
growth equity opportunities, companies with a proven product or service at the inflection point of their development, and special
situations involving targeted strategic sectors where EIP and its partners can make a difference.
About Ameren
St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than
900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility
subsidiaries. Ameren Illinois provides electric delivery and transmission service as well as natural gas delivery service while
Ameren Missouri provides vertically integrated electric service, with generating capacity of 10,200 megawatts, and natural gas
delivery service. Ameren Transmission of Illinois develops regional electric transmission projects. For more information, visit
Ameren.com.