News

JIC Venture Growth Investments has acquired the shares in Enerbank Inc. (Enerbank), through its JIC Venture Growth Fund 2.

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Enerbank is a start-up aiming to become the leading platform for decarbonization, offering services like "Eneoku" to support energy procurement for businesses, government agencies and local municipalities, guided by its vision of "Making Energy Procurement Simpler."

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In response to the Japanese government's carbon neutrality declaration and the global shift toward decarbonization, finding effective strategies for achieving carbon reduction has become a pressing challenge for many energy consumers. The pathways to decarbonization are diverse, and the market is evolving rapidly, making it particularly challenging for individual consumers to identify the best approach that balances economic feasibility with their decarbonization goals. Enerbank's services enable users to easily compare a range of decarbonization options and choose the most suitable solutions, including those that account for cost-effectiveness.

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Through this investment, Enerbank aims to accelerate its business growth, enhance recruitment efforts, improve its existing services, and strengthen its user support team. The company’s goal is to provide a platform that empowers anyone to easily explore and adopt the optimal renewable energy procurement strategies. By supporting Enerbank, VGI can contribute to Japan’s journey toward carbon neutrality by enabling more energy consumers to achieve their decarbonization objectives.

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_{The information contained in this notice is current at the time of publication and subject to change without notice.}