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| Who we are >> Investors |
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| Investors |
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 Since its creation in 1994, E+Co, a non-profit company, empowers local enterprises in developing countries by providing business services and investment capital. These local businesses deliver vital clean energy services to households, businesses and communities. The E+Co business model offers positive financial returns combined with social and environmental benefits. E+Co makes debt and equity investments in clean energy businesses in developing countries. E+Co not only invests capital but also the tools and business know-how to make clean energy businesses successful. http://www.eandco.net/
“E+Co is thrilled to continue its relationship with SELCO India, a relationship that began in 1995 when we first invested in the enterprise,” says Philip LaRocco, CEO of E+Co. “Having worked with Harish Hande and his team for more than a decade, I can say that they represent the best in energy entrepreneurship and that their business has successfully demonstrated what a for-profit socially oriented enterprise can accomplish. We’re equally thrilled to be working with Good Energies and Lemelson on this new investment.
 The Lemelson Foundation believes that invention is critical to solving the world’s most pressing problems. Their goal is to provide people worldwide with an environment conducive to invention, innovation and entrepreneurship.
Founded in 1993 by Jerome Lemelson and his wife, Dorothy, the Foundation has devoted the past two decades to fostering creativity and celebrating the inventive spirit. With over 600 patents to his name, Jerome Lemelson understood the importance of innovation to ensure a bright future. The Foundation has committed more than $150 million to improve lives through invention in the U.S and developing countries. www.lemelson.org
"SELCO has not only innovated in developing energy products and financing models specifically for the needs of rural poor in India, they've also been a valued partner in the Foundation's global network of innovators working to find solutions to the world's most pressing problems," said Jill Tucker, Senior Program Officer for The Lemelson Foundation, "Their deep understanding of how to sustainably meet the energy needs of poor people has been invaluable."
 The Good Energies Foundation, a Swiss-registered not-for-profit foundation focuses on the alleviation of poverty through supporting projects and organizations providing sustainable access to renewable energy, and mitigating climate change. It is an independent non-profit foundation affiliated with Good Energies, a leading global investor in renewable energy and energy efficiency industries. Founded in 2001, the firm invests in solar, turbine-based renewables, green building technologies and other emerging areas within clean energy. Guided by the “3-P” principle of People-Planet-Profit, Good Energies looks for meaningful, long-term investments in companies with outstanding growth potential. The firm’s mission is to accelerate the global transition to a low-carbon economy. www.GoodEnergies.com/Foundation
Marcel Brenninkmeijer, Chairman of the Good Energies Foundation.
“SELCO India’s innovative business model has great potential to help developing areas meet their energy needs through sustainable solutions, as well as become a major resource in India’s renewable energy future. We are extremely pleased to support an organization that has helped so many and look forward to working with Dr. Hande and SELCO India as it expands the scope of its work.”
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| © 2008 SELCO Solar Pvt. Ltd. |
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