Schneider Electric (EPA: SU) and Seraya Partners have launched Faraday Energy, a new energy infrastructure platform focused on distributed and customer-sited power projects.

Seraya, an Asia-focused infrastructure investor, will commit up to US$500 million in equity capital to support the platform’s expansion across Asia Pacific, Gulf Cooperation Council countries and other selected international markets.

Faraday will develop, finance, own and operate energy infrastructure for commercial and industrial customers, power and grid infrastructure operators, and data centres.

The platform will offer energy and decarbonisation solutions through an OpEx-based model, allowing customers to access infrastructure under long-term contracts rather than funding projects upfront.

Faraday said its projects will be vendor-agnostic and designed to support customers seeking lower-carbon operations.

Schneider Electric, which plans to launch a Southeast Asia training centre in Malaysia this year, will act as Faraday’s main technology partner, providing energy systems, project support and access to its customer network.

Faraday and Schneider will work together to identify and deliver projects that combine Schneider’s energy technologies with long-term infrastructure financing and ownership. 

The structure is designed to let customers use energy systems through an OpEx-based model, rather than funding the assets upfront.

Seraya will oversee Faraday’s capital structure, governance and platform development, drawing on its experience in digital infrastructure and energy transition investments.

The partnership is aimed at linking energy technology deployment with long-term infrastructure capital.

Power demand is rising as digital infrastructure expands, industries electrify, and companies look to cut emissions. That is increasing pressure on businesses to secure reliable, lower-carbon energy without adding high upfront costs to their balance sheets.

Faraday is designed to meet that demand by combining energy technology, project operations, and long-term financing in one platform. It will fund and own energy infrastructure assets, while customers pay through long-term OpEx-based contracts aimed at giving them more predictable costs.

“Customers are seeking trusted partners who can deliver both technical capability and long-term delivery certainty,” said Yoon Young Kim, Cluster President, Singapore and Brunei, Schneider Electric.

He added that Faraday would help the company offer its energy technologies to customers who also need financing support.

James Chern, Managing Partner and Chief Investment Officer of Seraya Partners, said Faraday is aimed at helping companies adopt energy infrastructure through a service-based model, combining Schneider’s technology with Seraya’s long-term capital.

As part of the launch, Peter Goh has been appointed CEO of Faraday. He will lead the development of the platform across its target markets. Goh was most recently CEO and board member of NaviX Solutions, a wholly owned subsidiary of Schneider Electric, and has more than 16 years of experience in the energy sector.