APG announced today that it is investing in NET2GRID, a Dutch scale-up in the energy sector. For APG the investment in NET2GRID fits within its Dutch energy transition portfolio ANET. ANET’s goal is to support fast-growing companies and projects that contribute to the energy transition, to optimize long term returns and to maximize carbon reduction.
NET2GRID empowers utilities and energy retailers by providing actionable insights to their end customers based on the real-time analysis of their energy usage data. At the heart of NET2GRID’s product portfolio sit its cutting-edge Artificial Intelligence and Machine Learning technologies that deliver unique energy insights and energy consumption predictions.
“Real-time energy insight is becoming more important for consumers and utilities, creating more awareness of energy consumption and ways to become more energy efficient”, says Nienke Vledder, senior portfolio manager ANET at APG. “These insights help balance supply and demand of increasing renewable energy coming on-line, as seen in The Netherlands generated by – amongst others - wind and sun.