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Exelon Announces 2024 Climate Change Investment Initiative Selections
Slice of Energy Team
August 28, 2024
Key Highlights:
Exelon selects four innovative companies for 2024 2c2i investments.
Investments focus on climate change solutions in Exelon's service areas.
2c2i program has invested in 36 companies, creating over 430 jobs.
Source (Business Wire)
Notable Quotes:
“At Exelon, we understand the urgent need for climate change solutions and we’re investing in companies we believe can create measurable change.”
“ReVert Technologies is honored and excited to have Exelon as a strategic investor and partner through its 2c2i Climate Change Investment Initiative.”
“Eion is honored and incredibly excited to be a member of Exelon’s latest 2c2i cohort.”
Our Take:
Exelon's continued commitment to its Climate Change Investment Initiative (2c2i) reflects the company's strategic focus on sustainable and impactful investments. By backing startups like Metal Light, ReVert Technologies, Station A, and Eion, Exelon is not only contributing to the fight against climate change but also fostering economic growth and job creation in its service areas. The emphasis on innovative solutions such as decarbonization, energy efficiency, and carbon removal positions Exelon as a leader in the utility sector's transition to a cleaner, more resilient future. This initiative is a testament to the potential of public-private partnerships in driving substantial environmental and community impact.