TEPCO Joins Energy Impact Partners Utility Coalition

March 01, 2017 by Jeff Shepard

Energy Impact Partners LP (EIP) today announced the addition of Tokyo Electric Power Company Holdings, Inc. (TEPCO), one of the largest electric utilities in the world, as the latest investor in its Nexus strategic partner network. TEPCO joins Southern Company, National Grid plc, Xcel Energy Inc., AGL, Avista Corp., Fortis Inc., Ameren Corp., Great Plains Energy Inc., and Madison Gas and Electric Co. as strategic partners working collaboratively to identify innovative products, technologies, and business models in the emerging energy economy.

"TEPCO is honored to join EIP's Nexus strategic partner network," commented TEPCO Managing Executive Officer, Shinichiro Kengaku. "As the electricity sector continues to experience rapid change, our commitment to outstanding service and innovation remains steadfast. This partnership with EIP will enable us to identify and support the most advanced technologies and business models in the industry to the benefit of our customers."

"Energy Impact Partners is pleased to welcome TEPCO to our Nexus strategic partner network," said EIP CEO and Managing Partner Hans Kobler. "TEPCO's 66-year record of industry leadership, as well as its international perspective, make TEPCO an invaluable addition to our utility investor platform. The specific challenges arising from Japan's abrupt shift in generation resources and complex urban infrastructure offer unique insights. We look forward to working with TEPCO to identify and invest in innovative technology companies that are building the future global electricity infrastructure."

EIP is a private equity firm that strategically invests in innovative technologies, services, and products throughout the electricity supply chain from generation to consumption. The EIP portfolio includes companies like Opus One Solutions, which gives full visibility and control to electric distribution utilities; Sense Labs, which enables customers to accurately measure energy consumption on every device in their homes; AutoGrid Systems, which offers big data analytics and cloud computing solutions for electric utilities; SparkFund, an origination and financing platform that provides energy efficiency "as a service"; and most recently Enchanted Rock, a microgrid operator that supplies customers with natural gas backup power systems that are simultaneously used to perform grid services.