en.Wedoany.com Reported - Schneider Electric and Seraya Partners have jointly launched Faraday Energy, an energy infrastructure platform focused on distributed and customer-side power projects. Seraya will provide up to $500 million in equity capital to support the platform's expansion in the Asia-Pacific region, Gulf Cooperation Council countries, and other selected international markets.

Faraday Energy will offer development, financing, ownership, and operation of energy infrastructure for commercial and industrial customers, power and grid infrastructure operators, and data centers through an operating expenditure (OpEx)-based model. Customers can use the infrastructure under long-term contracts without upfront capital investment. The platform stated that its projects will remain vendor-neutral, aiming to support customers seeking low-carbon operations.

Schneider Electric will serve as Faraday Energy's primary technology partner, providing energy systems, project support, and access to its customer network. The company plans to launch a Southeast Asia training center in Malaysia this year. Both parties will jointly identify and deliver projects, combining Schneider's energy technology with long-term infrastructure financing and ownership. Seraya will leverage its experience in digital infrastructure and energy transition investments to oversee Faraday Energy's capital structure, governance, and platform development.

Electricity demand is rising as digital infrastructure expands, industrial electrification progresses, and companies seek to reduce emissions. Faraday Energy aims to meet this demand by integrating energy technology, project operations, and long-term financing into a single platform, offering customers more predictable costs. Yoon Young Kim, President of Schneider Electric for Singapore and Brunei, stated that customers are seeking trusted partners capable of providing both technical expertise and long-term delivery certainty, and Faraday Energy will help the company deliver its energy technology to customers who also require financing support. James Chern, Managing Partner and Chief Investment Officer of Seraya Partners, noted that the platform aims to help enterprises adopt energy infrastructure through a service-based model.

As part of the launch, Peter Goh has been appointed CEO of Faraday Energy. He will lead the platform's development in its target markets. Goh previously served as CEO and board member of NaviX Solutions, a wholly-owned subsidiary of Schneider Electric, and has over 16 years of experience in the energy sector.