ATEC* Biodigesters (ATEC), an Australian Social Enterprise, has raised US$1,600,000 in a Series-B equity round to rollout the world’s first PAYGO (pay-as-you-go) model for biodigesters as well as to expand its operations from Cambodia to Bangladesh.
he investment was made by a consortium of investors, led by ENGIE Rassembleurs d’Energies and consisting of Fondation Ensemble, IIX Growth Fund and Phitrust Asia.
ENGIE Rassembleurs d'Energies, the ENGIE B.Corp corporate fund, acknowledges the climate emergency and signs the B Lab climate Manifesto. This ambition notably aims for carbon neutrality by 2030.
Rassembleurs d'Energies undertakes to disseminate within its organization a philosophy and behaviors in line with the objectives and will endeavor to promote them among its stakeholders.
This approach is aligned with the investment strategy of the fund which promotes low-carbonsolutions for the benefit of the greatest number through the acquisition of shares from committed social entrepreneurs.
Breaking News of September 18, 2019
ENGIE Rassembleurs d'Energies has finalized the acquisition of a minority stake in a fundraising event organized by Gecco, a company in the social and solidarity economy sector that collects and recovers waste from the cateringsector in the North of France for more than 10 years. Gecco has established a local sector for the recovery of used food oils in biofuel and bio-lubricant.
News "Les Echos" of October 09, 2019
Created in 2007, the company has developed with the University of Lille-I a process for the transformation of used cooking oils into biofuel. With € 1.3 million in funding, Gecco is building a new unit that will increase its production capacity from 400 to 5,000 liters of biodiesel per day.
ENGIE Rassembleurs d'Energies has recently been certified B Corp ™ by B Lab. The investment fund with social and environmental impact of ENGIE is thus thefirst subsidiary of the Group to join the community of B Corp companies, numbering 63 in France.
Breaking News of September 4th, 2019
For the second year after 2017, ENGIE Rassembleurs d’Energies was recognized as one of the Best for the world Company. The list of the Best For TheWorld 2019 of the B.Corporation has been disclosed on September 4th, 2019.
ENGIE Rassembleurs d’Energies is proud to be among the 10% on the Customers portion of the B Impact Assessment that offer value to its customers. This section measures the impact a company has on underserved populations. It assesses whether a company’s product or service is designed to solve a social or environmental issue (improving health, preserving environment, creating economic opportunity for individuals or communities, or increasing the flow of capital to purpose-driven enterprises).
Press release of January 10, 2019
During the last quarter of 2018, ENGIE's Rassembleurs d'Énergies fund invested in 2 companies: the first, ENVIROFIT, in the diffusion of clean cooking solutions around the world and the second, FRONTIER MARKETS, in the distribution on the last mile of solar appliances in rural areas in India.
On 18 and 19 December 2017, ENGIERassembleurs d'Energies brought together for the first time all entrepreneurs in its portfolio. This meeting was an opportunity for them to exchange their best practices with each other but also to benefit from the expertise and know-how of ENGIE teams who came to participate in the different workshops on impact measurement, governance and control, financing or the legal framework and human resources.
On this occasion Isabelle Kocher, Paulo Almirante and the other members of the investment committee were able to meet each of the entrepreneurs from four continents and discuss with them their business models and their experience in the field of access to sustainable energy for everyone.