DeepGreenX, an AI-enabled green energy and technology company, and Sente Ventures (Sente) have announced a framework agreement for creating a five-year $25 billion strategic investment program for companies providing solutions for clean energy generation, virtual grids, battery storage, microreactor power and data center infrastructure and enabling technologies to support data centers and computing hubs.<\/p>\n\n\n\n
Under the framework agreement, DeepGreenX and Sente will use the Program to capture sustainability customers and deep technology solutions for DeepGreenX\u2019s AI-powered data financialization platform, significantly increasing their profitability relative to traditional green investment programs.<\/p>\n\n\n\n
\u201cGreen energy companies and projects have historically been heavily dependent upon favorable subsidies and regulations and therefore highly temporal,\u201d said Barclay Knapp, CEO, DeepGreenX. \u201cWe expect the Program to open new pathways for green energy companies and projects, while DeepGreenX in parallel builds an international capital sourcing and data-driven platform that is designed to prevail over these legacy challenges. We welcome the opportunity to partner with Sente, which has significant expertise in complex battery, data center and quantum computing power technologies.\u201d<\/p>\n\n\n\n
Serhat Cicekoglu, Founder and CEO, Sente, said: \u201cDeepGreenX\u2019s platform is a paradigm shift for the industry, creating independent profitability for these companies and their deployment projects, thus making them highly attractive standalone investments.\u201d<\/p>\n\n\n\n
The program will be funded by DXG-Hues, DeepGreenX\u2019s joint venture with Hues Capital, deploying two $5 billion funds focused on green energy, AI and computing power projects in the US, Europe, and Southeast Asia, with pipelines that include investment target companies from the Tencent and Softbank ecosystems.<\/p>\n","protected":false},"excerpt":{"rendered":"
DeepGreenX, an AI-enabled green energy and technology company, and Sente Ventures (Sente) have announced a framework agreement for creating a five-year $25 billion strategic investment program for companies providing solutions for clean energy generation, virtual grids, battery storage, microreactor power and data center infrastructure and enabling technologies to support data centers and computing hubs. Under […]<\/p>\n","protected":false},"author":58,"featured_media":121035,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,36,93],"tags":[6189,21768,13819,4364,18001,21769],"class_list":["post-121031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centres","category-green","category-top-stories","tag-data-centres-2","tag-deepgreenx","tag-green","tag-infrastructure","tag-investment","tag-sente-ventures"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/121031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=121031"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/121031\/revisions"}],"predecessor-version":[{"id":121034,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/121031\/revisions\/121034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/121035"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=121031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=121031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=121031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}