Acciona, CLH, BP, Red Eléctrica, Enagás and Iberdrola are all backing Positive Energy+ which will provide financing and assistance to energy-focused technology developers.

A range of energy companies have helped form an initiative called Positive Energy+ to support Spain-based startups that have been affected by the Covid-19 pandemic.

Domestic energy utilities Red Eléctrica, Enagás and Iberdrola are participating alongside infrastructure and energy conglomerate Acciona, petroleum supply services provider CLH, UK-headquartered oil and gas supplier BP and EIT InnoEnergy, an energy investor backed by the European Institute of Innovation and Technology.

The companies will support startups developing energy-related projects in areas such as environmental…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.