Electranova charges up Forsee

May 31, 2013 • Quentin Carruthers

EDF-backed Electranova Capital invests in French rechargeable battery maker.

Electranova Capital, the private equity innovation fund managed by Idinvest Partners in association with French energy utility EDF, has invested an undisclosed amount in Forsee Power Solutions.

The investment is to support growth and business development. Nicolas Chaudron, partner at Idinvest Partners, said: ”The energy storage sector has been central to our investment strategy for a long time.”

Forsee Power Solutions was founded in 2011 when Uniross, Ersé and Energyone merged their industrial activities. Its core business is the integration…

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