Husk Power Systems, the leading rural energy company operating renewable minigrids in Asia and Africa, announced that it has achieved two industry firsts: surpassing 100 community minigrids, and serving more than 5,000 micro-enterprise customers.
Husk Power has demonstrated its resilience by achieving zero service disruption and providing emergency financial support to existing and new customers during the pandemic .
ENGIE Rassembleurs d’Energies, closed its first “early stage” investment in France with Axibio. This social start-up collects and processes biowaste in order to value it into biogas. Axibio provides an integrated short-cycle solution that participates in the methanation value chain throughout the entire French territory. Its integrated digitized solution enables to monitor waste collection, to track how it is valued and report food waste indicators. Within schools that it reaches, Axibio also raises awareness on food waste and climate change.
25 June 2020
On 25 June 2020, ENGIE Rassembleurs d'Energies invited the entrepreneurs of its portfolio to participate in a virtual interactive Entrepreneurs' Lab. The second edition of the Entrepreneurs Meeting was a success as over 15 entrepreneurs of RDE’s portfolio joined from all around the world from Australia to America through India, Africa and Europe. The various sessions covered the reflexion over RDE's "Rasion d'Etre" and "Purpose", the entrepreneurial responses to the recent crisis, carbon compensation and innovation spirit within the enterprises of the portfolio. The various worshops mobilized both skills and knowledge from ENGIE employees, from external partners and from the entrepreneurs in an attempt to demonstrate the benefits of collective intelligence to overcome challenges.
How firms and social businesses are facing Covid-19 crisis : the example of Qarnot Computing.
For a week now, in partnership with Groupe Casino, Qarnot has been actively participating in the Foldingathome initiative to support research on the Covid-19. They offer more than 200 high performance servers from ScaleMax, the two companies' joint venture dedicated to intensive computing.
For any initiative which aims at accelerating scientific research about COVID-19, Qarnot will offer free computing power.
ENGIE Rassembleurs d'Energies realeases its annual Progress Report for 2020, which summarizes RDE's achievements over the past year, gives an overview of the existing lines of the portfolio, as well as the updated strategy of the fund.
How firms and social businesses are facing Covid-19 crisis : the example of HUSK.
HUSK is mobilized to support rural indian populations in this tough context of sanitary crisis. HUSK team has already completed distributing 2,000 food grain packet to 2,000 families in need accross 40 villages in Bihar and Uttar Pradesh.
How firms and social businesses are facing Covid-19 crisis : the example of Frontier markets
Pioneer of last mile distribution in india, Frontier Markets has swiftly adapted its business in order to ensure activity and solidarity with indian rural population through this exceptional sanitary crisis, by using its existing network of Sahelis (women entrepreneurs) in order to deliver basic necessities.
With Qarnot computing, ENGIE Rassembleurs d’Energies turns data into a free heat source for social housing
ENGIE Rassembleurs d'Energies has completed the acquisition of a minority stake in French company Qarnot Computing through its fundraising operation, alongside with the Caisse des Dépôts et Consignations, Casino participations France, and A/0 Proptech.
Created in 2010, Qarnot is the first company to have developed a computing heater using microprocessors as a heat source, allowing to reduce by 80% the carbon footprint of HPC (high performance computing) operations, and providing a free source of heating for social housing. This acquisition manifests the willingness of ENGIE Rassembleurs d'Energies to support companies promoting circular economy
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 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.
Pour la deuxième fois après 2017, ENGIE Rassembleurs d’Energies a reçu la distinction Best For The World. La liste des lauréats BestForTheWorld2019, distingués par B.Corp, a été dévoilée le 4 septembre 2019. ENGIE Rassembleurs d’Energies est fier de figurer parmi les 10% les plus performants dans la catégorie Clients. Cette catégorie évalue l’impact d’uneentreprise sur ses ses clients défavoriséset s’assure que l’offre de produits ou de services proposés par celle-ci s’efforce bien de répondre à desenjeuxsociaux ou environnementaux (améliorer les conditions de santé, préserver l’environnement, favoriser le déploiement de l’activité économique des individus ou des communautés, ou encore financer les entreprises engagées dans ces missions).
Press release of march, 28th, 2019
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.
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.
Press release of January, 10th, 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.