The Business Times
business-time-50

Engie launches venture arm to help Asia-Pacific energy startups

google-preferred-sourceAdd BT as a preferred source
Published Thu, Feb 21, 2019 · 09:50 PM

    Singapore

    FRENCH energy giant Engie has launched a strategic venture arm eyeing energy startups in the Asia-Pacific, and aims to provide them with access to industry expertise and funding.

    Engie Factory Asia-Pacific, as it has been named, said it is unable to reveal the size of its kitty for investing in startups; it simply said that Engie New Ventures, the company's venture capital arm, will provide "crucial funding" for startups to "scale quickly and effectively".

    Startups

    TRENDING NOW

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    The S$1 billion wellness attraction in Marina South is slated to open in 2030.

    Beyond beaches or Bali: Singapore’s push for urban wellness tourism

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    Practices that once helped small businesses in Vietnam stay flexible and competitive in a low-margin economy are increasingly becoming formal business risks.

    Can Vietnam’s small-business backbone survive a compliance squeeze – all at once?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More