πŸ’° They make climate investments for companies – raise $50 million

πŸ’° They make climate investments for companies – raise $50 million

Swedish Rison Capital has entered into a partnership with SEB Nordic Energy, which is investing $50 million in climate-promoting projects. The business model is based on Rison making the investments for the companies, such as switching to LED lighting, and the companies pay a fixed fee to Rison.

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  • Swedish Rison Capital has entered into a partnership with SEB Nordic Energy, which is investing $50 million in climate-promoting projects.
  • The business model is based on Rison making the investments for the companies, such as switching to LED lighting, and the companies pay a fixed fee to Rison.
  • Investments will be made in the manufacturing industry, real estate sector, and public sector.

Makes green investments for a fixed fee

Gothenburg-based Rison Capital, previously covered by Warp News, has entered into a partnership with the fund SEB Nordic Energy, which is allocating $50 million to a joint company. This company is focused on financing climate-promoting projects for companies within the manufacturing industry, real estate sector, and public sector.

Here is how we previously wrote about Rison's business model:

"To reduce emissions and address climate changes, companies must undergo a major transition. They need to electrify their vehicle fleets, install solar panels, replace old lighting with new energy-efficient ones, and much more. It costs large sums of money and the investments often fall outside of what is the companies' core business, where they prefer to invest."

"Rison plans to solve this problem for them, by handling both the project work and the investment and then selling it as a service to the company. Instead of, for example, buying solar panels themselves and installing them on the roof, Rison does it and charges a fee from the company."

Save money by acting climate-smart

For companies and organizations that choose to invest in energy efficiency through Rison Capital's model, there is an opportunity to not only accelerate their climate transition but also to save money.

The capital from the partnership with SEB Nordic Energy will be used to finance these projects, with the goal of broadening the investments to include energy efficiency measures beyond previous focus areas such as small-scale hydropower and wind power.

"Those who, with our help, choose to make more and larger efforts towards energy efficiency today can not only complete their climate transition much faster. They can also receive significantly better terms for our services. In plain terms, the more climate-smart one acts, the more money one can save," says Rison's CEO, Jesper Jonsteg.

The first project carried out within the framework of this new cooperation focuses on two laundry rooms, with an estimated energy efficiency of about 20,000 kWh per year. This is just the beginning, with plans to expand to more projects that can reduce energy consumption and climate impact in properties and operations.

Read a Warp News interview with Rison's founder, Jesper Jonsteg:

πŸ‘Š β€œWouldn’t it be great if we could make people rich by saving the climate?”
Huge investments are required by companies to reduce emissions and change to climate-friendly technology. Rison intends to solve that problem, by taking care of the investments and then selling it as a service to the company. The result is directly reduced emissions and costs.

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