The Carlyle Group and Schneider Electric SE announced the enhancement of their partnership to develop new infrastructure projects. In addition to creating new investment and energy-as-a-service opportunities, this collaboration will apply Schneider Electric’s capabilities in advanced connectivity and real-time insights to current and future Carlyle infrastructure and microgrid investments.
The partnership will offer innovative and efficient solutions meeting the needs of a rapidly changing energy landscape, according to the companies.
The new approach also entails the formation of a joint venture—AlphaStruxure—to drive from the design and engineering phase the development of smarter infrastructure projects and more reliable distributed energy and microgrid networks. Juan Macias, formerly SVP of Energy Automation and Digital Energy Solutions at Schneider Electric, will lead AlphaStruxure as the CEO, drawing on his experience in global-energy technology and new-market endeavors over a nearly 30-year career in the energy and industrial sectors.
“People everywhere rely daily on infrastructure that does not meet the demands of a 21st century economy,” said Andrew Marino, managing director and co-head of Carlyle’s global infrastructure team. “AlphaStruxure delivers a powerful combination of cutting-edge automation and energy management technology and expertise, and financing solutions to turn this important global issue on its head. Together, we will identify new investment opportunities, modernize core infrastructure to keep people and goods moving, and open new value and revenue streams for both public and private entities. We look forward to a prominent role in shaping the future of infrastructure around the world.”
“Strong and resilient critical infrastructure is fundamental to powering and maintaining our digital economy. We are just scratching the surface of the investment needed to create more modern airports, water systems, transportation systems and others that will support future demand and connect society,” said Jean-Pascal Tricoire, chairman and CEO, Schneider Electric. “While infrastructure is a global issue, it can only be addressed at a local level. We believe our partnership leverages the best of our organizations’ abilities: Carlyle’s ability to get deals done with local stakeholders support and our global technology expertise and footprint to optimize projects that will provide immediate, tangible impact for economies globally.”