CIOC Energy raises €3M from customer CleverNett
CIOC Energy raised €3 million in growth capital from renewable-energy developer CleverNett, which took a minority stake.
CleverNett was already a CIOC customer. The investment supports larger commercial and technical teams and direct energy-market access in Belgium, the Netherlands, Germany and Romania.
The September financing follows deployments at more than 100 business sites as CIOC connects solar generation, batteries and EV charging with controls and market participation.
Use of funds
Expand commercial and technical teams
Build direct access to energy markets in Belgium, the Netherlands, Germany and Romania