In an announcement, Electranova disclosed its investment in Forsee Power Solutions. Electranova Capital is a private equity innovation fund handled by Idinvest Partners in alliance with EDF. The investment of Electranova aims to help the Forsee Power Solutions in its business development and expansion.
Forsee Power Solutions was founded in 2011 and at present it is a main contributor in the market for batteries. It focuses in assimilation requiring design, development and construction of battery systems. At present, Forsee Power Solutions is working in an emerging market that is presently experiencing renovation.
According to Chief Executive Officer of Forsee Power Solutions, Christophe Gurtner: "The investment by Idinvest Partners via Electranova Capital in conjunction with EDF is a recognition of Forsee's expertise and vision in developing these new markets. More importantly, it will enable us to substantially boost our resources, strengthen our teams, and build business synergies, while also combining our forces in order to bolster the growth potential we offer our customers. "
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