Scale-up Coalition, now 22 members strong, brings together Europe’s most promising cleantech scale-ups, collectively representing the next generation of European clean industry.
“We join this coalition of innovators at a crucial time for Europe,” said Alexander Helling, CEO of Baseload Capital. “With a new political cycle beginning, European Commission President Ursula von der Leyen has vowed to make Europe the home of cleantech and announced the launch of a Clean Industrial Deal.”
“We are thrilled to see Baseload Capital joining the Cleantech Scale-up Coalition,” said Jules Besnainou, Executive Director. Cleantech for Europe. “Cleantech for Europe Summit proved the cleantech industry stands ready to power Europe’s competitiveness, but we urgently need a comprehensive industrial, competition, and trade policy to match our global peers. The Scale-up Coalition plays a vital role to equip policymakers with experiences from the field and inform Europe’s strategy.”
One of the well-known companies already part of the Scale-up Coalition is Swedish firm Stegra (formerly H2 Green Steel). Joining the coalition alongside Baseload Capital are the following ten companies:
While Europe is well-equipped to finance new technologies in their early stages, both public and private capital are lacking when it comes to scaling these technologies to a climate-relevant level. Cleantech for Europe, working closely with its Investor and Scale-up Coalitions, advocates for ambitious industrial and trade policies that match other global economies, aiming to usher in a new era of European competitiveness and prosperity.
For more information, please contact:
Kristina Hagström-Ilievska CMO, Baseload Capital
[email protected]
Tel: +46 (0) 732330039
About Baseload
We lead partnerships to scale up geothermal energy: a 24/7 available source of clean power and heat. Our global portfolio de-risks investments, expands the market and accelerates lessons learned in collaboration with strong owners and partners.
Our parent company Baseload Capital invests in geothermal projects worldwide. Our subsidiaries, the Baseload Power companies, build, commission and operate geothermal heat and power plants funded by Baseload Capital.
Source link : https://news.cision.com/baseload-capital-sweden-ab/r/baseload-capital-joins-cleantech-scale-up-coalition-to-bolster-european-competitiveness-,c4048877
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Publish date : 2024-10-09 07:30:00
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