Elevate Future Initiative
Anthony Oni is managing partner for the Elevate Future Initiative at Energy Impact Partners.
Over thirty utilities and other companies have pooled their dollars to drive innovation in our industry via Energy Impact Partners. So EIP is having an enormous effect on shaping the industry's clean energy transition. Which makes its creation of the Elevate Future Fund especially interesting given this fund's mission to shape the transition with equity and diversity top of mind.
PUF's Steve Mitnick: Energy Impact Partners made a big announcement on the twenty-eighth of July.
EIP's Anthony Oni: Yes, we are very excited about EIP's newest fund called the Elevate Future Fund. It's focused on creating a more inclusive, equitable, and diverse clean energy future.
I want to take a step back and talk about EIP first. Energy Impact Partners is one of the first and largest special-purpose investment funds focused on the clean energy transition and on the low-carbon economy. It is made up of thirty-plus utility and industrial partners that together represent almost forty-five million customers and four hundred and fifty billion dollars in market capitalization.
EIP is a platform that invests all the way from early-stage to growth-stage companies. It is underpinned by a strong research and innovation team that works closely with our partner experts to drive value to our portfolio companies and provide innovation and insights on the utility of the future to our partners.