This research note examines Schneider Electric’s emerging strategic priorities in the smart building space. We have mapped acquisitions, divestments, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is intended as a non-exhaustive indicator of Schneider Electric’s strategic direction between January 2023 and August 2024, updating our December 2022 analysis, Part 1 and Part 2, and our February 2024 Examined article. Strategy Mapping of Schneider Electric’s Smart Buildings Business Energy Efficiency, Decarbonization, Distributed Energy In December 2023, Schneider Electric announced an agreement to divest AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) provider, based in Redwood City, California, to Uplight. The deal closed in February 2024.Schneider Electric is now the largest strategic investor in Uplight. In November 2023, Schneider Electric announced that it had finalized the acquisition of EcoAct SAS, an international leader […]
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