Siemens

Siemens AG, headquartered in Munich, Germany, is a prominent global technology company founded in 1847. It operates across various sectors, including industry, energy, healthcare, mobility, and infrastructure. Siemens provides a wide range of products and services, such as automation and digitalization solutions, energy-efficient technologies, and advanced healthcare systems. The company is particularly known for its contributions to electrification, automation, and digitalization, which enhance operational efficiency in diverse industries. Siemens also offers financial services, including asset finance and leasing solutions, to support organizations in acquiring equipment and technology. With a workforce of approximately 360,000 employees in nearly 190 countries, Siemens continues to innovate in areas like intelligent traffic systems and renewable energy, aiming to address complex challenges and empower customers to transform their operations through sustainable practices and advanced technology.

Cedrik Neike

CEO Digital Industries

Past deals in Electric Grid

Adani Transmission

Post in 2021
Adani Transmission Limited (ATL) headquartered at Ahmedabad in Gujarat, India, is one of the largest private sector power transmission companies in India with a presence across the western and northern regions of India. They primarily aim at addressing the vast potential in India’s transmission sector and our ambitious target is to set up 20,000 circuit km of transmission lines by 2022. They currently operate more than 8500 circuit kilometer of transmission lines and around 14000 MVA of power transformation capacity. They have invested in the latest technologies resulting in the highest network availability of over 99.80% in the country, which corresponds to the best global standards

kraftwerk

Convertible Note in 2020
Kraftwerk Inc. specializes in the production of innovative energy solutions through its proprietary technology, which converts various fuels, including natural gas, liquefied gas, gasoline, and kerosene, into electricity. The company's key product, the kraftwerk TUBE, is a nanocoated metallic tube designed for compact fuel cell applications. These tubes enable the development of lightweight and highly efficient energy sources suitable for mobile applications in automotive and aerial vehicles. By directly transforming fuels into electricity, Kraftwerk Inc. aims to enhance energy efficiency and promote the use of cleaner energy systems in various industries.

bp pulse.

Series A in 2020
bp pulse is a provider of electric vehicle charging solutions, specializing in charging-as-a-service for commercial fleets. Founded in 2018 and based in Mountain View, California, the company offers a fully managed charging solution that allows municipal and commercial fleets to transition to electric vehicles efficiently. bp pulse handles all aspects of automated charging systems, delivering services based on a per-electric-mile-driven model. The company also features AMPLIFY, a centralized charge management software that integrates electric vehicle chargers, fleet management, grid systems, and vehicle telematics. This comprehensive approach enables businesses to effectively forecast and manage long-term costs while advancing their zero-emission goals.

Controls and Switchgear

Acquisition in 2020
C&S Electric is a manufacturer of electrical equipment & exports to over 85 countries.

ChargePoint

Series H in 2018
ChargePoint, Inc. operates a comprehensive network of electric vehicle charging stations, primarily based in California, with additional offices in Arizona, Germany, India, the Netherlands, and the United Kingdom. Founded in 2007 and originally named Coulomb Technologies, the company rebranded to ChargePoint in December 2012. It is recognized as a leader in the electric vehicle charging sector, providing public charging stations and consumer subscription plans. ChargePoint also offers utility grid management technology to assist electric utility companies in balancing demand on the grid. Through its extensive network, the company aims to increase accessibility to electric vehicle charging and support the growing adoption of electric mobility.

ubitricity

Corporate Round in 2017
ubitricity has developed a highly efficient solution to make charging and billing of green electricity affordable everywhere.The ubitricity Mobile Charging System offers the first possibility to roll out scalable charging infrastructure everywhere. To this end, ubitricity has developed an intelligent charging cable which entails all metering and billing technology: the SmartCable. The user carries the mobile electricity contract, tied to the SmartCable, along to the charging spot. The technologically lean charging spots produce next to no running costs. They can be installed practically everywhere: at a wall, integrated into a standing pole or even integrated into urban furniture such as street lights. The user portal offers (among other services) a transparent overview of all transaction data. The charging and transaction data is managed by ubitricity. The all-round service is completed by the monthly invoice.

Exchangium

Seed Round in 2017
Exchangium is a web platform that provides the energy industry with a secure, community-oriented environment to buy and sell new and used parts and equipment. It is unique in providing a one-stop shop approach through the addition of services, labor, classified advertising and partners offering specialty products and services. Similar platforms typically focus solely on parts and equipment. Exchangium supports the entire energy industry including gas, steam, wind, hydro, solar and nuclear power. Siemens Energy sponsors the platform and notable member companies include: BP, Calpine, Emerson, EthosEnergy, Siemens Gamesa, Engie, Lectrodryer, Groome Industrial Service Group, BNSF Logistics (a part of Berkshire Hathaway), Pioneer Motor Bearing Company, Entergy, Tata Power, AP+M, Caldwell Energy, Associated Electric Cooperative Inc, China National Offshore Oil Corporation, ExxonMobil and Duke Energy. As of June 2020 over 2300 companies hold memberships.

ChargePoint

Series G in 2017
ChargePoint, Inc. operates a comprehensive network of electric vehicle charging stations, primarily based in California, with additional offices in Arizona, Germany, India, the Netherlands, and the United Kingdom. Founded in 2007 and originally named Coulomb Technologies, the company rebranded to ChargePoint in December 2012. It is recognized as a leader in the electric vehicle charging sector, providing public charging stations and consumer subscription plans. ChargePoint also offers utility grid management technology to assist electric utility companies in balancing demand on the grid. Through its extensive network, the company aims to increase accessibility to electric vehicle charging and support the growing adoption of electric mobility.

Exchangium

Seed Round in 2017
Exchangium is a web platform that provides the energy industry with a secure, community-oriented environment to buy and sell new and used parts and equipment. It is unique in providing a one-stop shop approach through the addition of services, labor, classified advertising and partners offering specialty products and services. Similar platforms typically focus solely on parts and equipment. Exchangium supports the entire energy industry including gas, steam, wind, hydro, solar and nuclear power. Siemens Energy sponsors the platform and notable member companies include: BP, Calpine, Emerson, EthosEnergy, Siemens Gamesa, Engie, Lectrodryer, Groome Industrial Service Group, BNSF Logistics (a part of Berkshire Hathaway), Pioneer Motor Bearing Company, Entergy, Tata Power, AP+M, Caldwell Energy, Associated Electric Cooperative Inc, China National Offshore Oil Corporation, ExxonMobil and Duke Energy. As of June 2020 over 2300 companies hold memberships.

Hubject

Funding Round in 2016
Hubject, founded in 2012, offers an "eRoaming" platform which aims to connect up EV charging stations and unify overall charging infrastructure for better mapping and easier payment solutions.

Siemens

Acquisition in 2012
Siemens operates in the energy consulting sector through its subsidiary, Pace Global, which specializes in strategic energy consulting services. With nearly 40 years of experience, Pace Global supports clients in executing business strategies, managing complex energy transactions, and optimizing asset development and operations across various markets in the Americas. The firm has a seasoned leadership team, with an average of over 20 years of experience in the energy industry, allowing it to provide valuable insights into energy markets, asset management, and risk assessment. Pace Global has been involved in over $100 billion of energy asset transactions globally and manages significant energy and risk portfolios for more than 200 clients. Its services encompass all segments of the energy value chain, including exploration, production, generation, midstream operations, storage, transportation, distribution, and end-use, ensuring comprehensive support for businesses in the electricity and gas utilities sectors.

eMeter

Acquisition in 2011
eMeter Corporation delivers energy information management solutions for the utility mass market, and commercial and industrial deployment. The company provides software that enables electric, gas, and water utilities to realize the benefits of their advanced metering and smart grid initiatives. It offers EnergyIP, an enterprise meter data management software platform; an Integration Platform for linking various advanced metering information (AMI) systems to multiple utility information systems; and Business Process Management Tools specializing in AMI implementation, operations, and maintenance, as well as provides meter data unification and synchronization system integration with SAP solutions for utilities. The company also offers SmartStart, which allows utilities to validate their investment in AMI, implement eMeter solutions, and access an integrated operational system for user acceptance testing. In addition, it plans, installs, and configures the EnergyIP software, as well as offers strategic consulting services related to meter data management, advanced metering, and demand response. eMeter Corporation has a strategic partnership with Siemens Corporation. The company was founded in 1999 and is headquartered in San Mateo, California.

Advanced Telemetry

Acquisition in 2011
Advanced Telemetry, established in September 2007, specializes in wireless and cloud-based energy management solutions aimed at retail and commercial businesses. The company’s flagship product, EcoView, allows users to effectively monitor, manage, and reduce their energy and resource consumption. This innovative product line is offered under the Advanced Telemetry brand as well as through white-label partnerships with select distributors, promoting energy and resource conservation across various sectors.

Site Controls

Acquisition in 2010
Site Controls provides enterprise-wide energy management, facilities intelligence, and demand response solutions. The Site-Commandâ„¢ platform monitors and controls major energy-consuming devices such as HVAC, lighting, refrigeration, signage and more to drive down energy and maintenance costs, improve customer comfort and reduce carbon emissions. Site Controls serves leading retailers and branch banks, with thousands of locations deployed nationwide.

SureGrid

Acquisition in 2010
SureGrid is the leading energy solutions provider and is the only company to offer truly automated (no-touch) Cloud-based Intelligent Load Management Technology. By monitoring and controlling major energy consuming devices such as HVAC, lighting, refrigeration, signage and more, SureGrid technology enables each building to dynamically interact with the electrical grid based on local business rules and real-time asset and environmental conditions.

Solel Solar Systems

Acquisition in 2009
Solel Solar Systems, Ltd., together with its subsidiaries, engages in designing, manufacturing, and installing solar fields for power generation. It offers solar receivers, solar field packages, parabolic trough solar thermal plants, and solar thermal distributed power plants that provide power, heating, and cooling for industrial and commercial uses, such as office buildings, resorts, industries, and hospitals. The company also provides solar heating of water and solar cooling for shopping malls, hospitals, hotels, commercial and industrial complexes, and campuses and government facilities. Solel Solar Systems, Ltd. was founded in 1992 and is based in Beit Shemesh, Israel. It has operations in the United States and Spain.

Powerit Solutions

Series B in 2009
Powerit Solutions, LLC is an energy management technology company based in Seattle, Washington, specializing in demand response and control solutions for industrial and commercial applications. Founded in 1994, it provides a range of products designed to optimize energy usage and reduce costs in energy-intensive industries, including food processing, manufacturing, and metal fabrication. Key offerings include the Energy Director, a power management system that helps manage demand levels, and Konnekt Wireless I/O, which facilitates industrial-grade wireless input/output for power management. The company's solutions also encompass advanced software interfaces for demand control, dynamic pricing, and microgrid management, enabling clients to enhance their energy efficiency and sustainability. As a subsidiary of Powerit Holdings, Inc., Powerit Solutions is committed to delivering innovative approaches for energy management across various sectors, helping clients achieve significant savings and improved operational performance.

Electrium

Acquisition in 2005
Electrium offers a complete range of Low Voltage installation products from a simple light switch to the main switchgear in an industrial installation.

Robicon Corp.

Acquisition in 2005
Robicon Corp is a manufacturer of medium-voltage converters for AC motors.

Siemens Wind Power A/S

Acquisition in 2004
Siemens Wind Power A/S provides wind power solutions for onshore, offshore, and coastal sites.

Trench Electric Holding

Acquisition in 2004
Manufactures high-voltage electrical equipment, such as transformers, bushings, and reactors.
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