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449: Inside Goldman Sachs & Shell Ventures $75M bet on GridPoint, with Peter Corsell (Chairman) & Melissa Blanken (CMO)

449: Inside Goldman Sachs & Shell Ventures $75M bet on GridPoint, with Peter Corsell (Chairman) & Melissa Blanken (CMO)

FromSunCast


449: Inside Goldman Sachs & Shell Ventures $75M bet on GridPoint, with Peter Corsell (Chairman) & Melissa Blanken (CMO)

FromSunCast

ratings:
Length:
20 minutes
Released:
Mar 1, 2022
Format:
Podcast episode

Description

In this audio-exclusive, host Nico Johnson gets unique behind-the-scenes insight into the strategic investment by two industry giants, Goldman Sachs Asset Management and Shell Ventures, into one of the more well-established building energy management platforms in climatetech - GridPoint. 
GridPoint today announced it has closed a $75 million strategic capital raise led by the Sustainable Investing Group within Goldman Sachs Asset Management (Goldman Sachs), with additional participation by Shell Ventures . “Goldman Sachs has been a strong supporter of GridPoint since the company's early days,” said Peter L. Corsell, Chairman & Founder of GridPoint and Global InfraTech Fund Partner at I Squared Capital. “We are now delighted to work closely with Goldman’s Sustainable Investing Group and Shell Ventures in this next, important chapter of GridPoint’s growth.”
Listen in as Nico discusses both the nature of the investment and the new GridPoint that is set to emerge with Peter Corsell. How will the existing business model expand or change? Hear from Melissa Blanken, GridPoint’s CMO, on the renewed vision for this climatetech startup that was indeed ahead of its time. And Nico probes for further clarity as this investment appears to usher in a clear shift in focus from Utilities to their Commercial building customers. 
Consider this the official behind-the-scenes story to the Press Release issued today by GridPoint.
Enjoy, and let us know what other questions you still have.
If you want to connect to today's guest, check out the https://mysuncast.com/suncast-episodes/449 (show notes) over on the blog.
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 Remember you can always find the resources and learn more about today’s guest, recommendations, book links, and more than 445 other founder stories and startup advice at https://www.mysuncast.com/ (www.mysuncast.com).
And lastly, you can connect with me, Nico Johnson, on https://www.twitter.com/nicomeo (Twitter), https://www.linkedin.com/in/nickalus/ (LinkedIn) or email. I hope you will do so.
Released:
Mar 1, 2022
Format:
Podcast episode

Titles in the series (100)

SunCast is dedicated to providing the knowledge, research, tools and expert guidance you need to understand, grown and be ahead of the curve in the fastest growing solar markets in the world. Each week, host Nico Johnson takes you deep into conversations with solar energy industry executives from leading companies like SolarCity, SunEdison, Nextracker, Trina Solar, Conergy, Greentech Media and discovers what THEY are using to get ahead in emerging markets like Mexico, Chile, Brazil, Panama, Colombia and elsewhere in Latin America and the Caribbean. Tune in, and stay informed.