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Press Release05 October 2020Smart InfrastructureZug (Switzerland)
Siemens and Macquarie’s Green Investment Group Launch Distributed Energy Venture Calibrant Energy
Calibrant
Energy offers a unique combination of technical, operating, and risk management
expertise that enables customers to access the benefits of on-site energy
systems with a new level of simplicity. Using an EaaS model, Calibrant will
build onsite energy solutions that seek to deliver immediate cost savings, cost
certainty, resilience and low-cost energy grid augmentation. Calibrant’s
technologies will include solar, integrated solar-battery solutions, hybrid
systems, standalone batteries, microgrids, combined heat and power, and centralized
heating and cooling infrastructure upgrades.
Combining
the efforts of two global energy technology and infrastructure companies,
Calibrant Energy will simplify the transition toward energy decarbonization for
US corporations and institutions by planning, designing, building, owning, and
operating clients’ energy production and storage assets.
“Many
companies and institutions are embarking on a green transition in their energy
strategies to take advantage of lower cost, lower emissions and increased
resilience. Due to our shared vision and complementary expertise, GIG viewed
Siemens as the ideal partner in forming Calibrant Energy to work closely with
clients to deliver simple, customized, fully managed energy solutions,” said
Chris Archer, GIG’s Head of Americas. “With industry-leading technology, deep
sector expertise and flexible financing capabilities, Calibrant is well
positioned to be a transformative leader in distributed energy and accelerate
the transition toward a greener economy.”
Calibrant
will deliver fully integrated and managed energy solutions that can be deployed
at scale, including taking on up-front capital investment. Employing
best-in-class solutions and drawing from the broadest and deepest product set
in the industry, Calibrant will feature the latest energy solutions from Siemens,
as well as leading products from across the industry.
“Calibrant Energy
is laying the foundation to respond to the changing financial market conditions
and demand for sustainable infrastructure and clean energy projects,” said John
Kovach, Head of Energy & Performance Services Americas, Siemens Smart
Infrastructure. “With this launch, we continue to deliver on our commitment to
society by driving sustainability and customer choice in grid edge
technologies.”
“This
venture is about making it simple for the customer, while also leveraging a
growing set of technologies and applications around distributed energy,” said
Greg Callman, Global Head of Energy Technology at Macquarie Capital. “Crafting
a simple and compelling customer solution requires a combination of discipline
and innovation, and Calibrant is purpose built.”
“As an
experienced investor in energy and infrastructure initiatives throughout the
United States, SFS has been a pioneer in providing flexible financing solutions
for the advancement of distributed energy projects,” said Anthony Casciano,
CEO, Siemens Financial Services, Inc. “Combining Siemens’ innovative technology
solutions and – together with GIG – adding our own financing and risk
management expertise, Calibrant Energy will help enable customers to obtain
resilient low-cost energy and meet sustainability goals with no up-front cost.”

Calibrant Energy to bundle latest distributed energy technologies and financing expertise of global leaders Macquarie and Siemens
For more
information on Siemens Smart Infrastructure, please see
www.siemens.de/smart-infrastructure
www.siemens.de/smart-infrastructure
For this press release
Contact
Heidi Fleissner
Smart Infrastructure
Siemensstr. 10
93055 Regensburg
Germany
93055 Regensburg
Germany
+49 (173) 7383392