FRV-X is major shareholder of Evergen, a market leading renewable energy software business that optimises the performance of residential, commercial, and utility-scale battery systems. Batteries are then orchestrated in fleets enabling network operators, retailers and others to use these systems as Virtual Power Plants.

Evergen provides a software platform that enables digital optimisation of the energy supply chain, maximising the benefit from deployment of renewable technologies. These include utility scale assets (solar farms), C&I sites, homes and businesses with solar and storage. Our systems are used by retailers, networks, asset owners & operators, and consumers to ensure optimum function of their assets.

ecoligo is an impact investment provider that implements solar-as-a-service projects in emerging markets. Founded in 2016, the Berlin-based company is driving the energy transition in eleven countries such as Kenya, Vietnam, and Chile by implementing photovoltaic systems on company buildings.
Projects are enabled by committed and environmentally conscious investors who fight the climate crisis with their targeted investments in solar projects while earning significant interest. By supplying commercial and industrial enterprises in the world’s fastest growing economies with solar energy, ecoligo measurably contributes to saving harmful CO₂ and thus actively protects the climate. The fully financed solar-as-a-service projects not only bring ecoligo’s customers financial savings, but also enable them to grow sustainably. The projects signed so far are going to contribute to save over 1 million tonnes of CO₂.