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Sustainability
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                                        Investment at the base of the pyramid

                                        Managing a sustainable investment fund to support local economic initiatives around energy

                                         

                                         
                                         

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                                        Kayer Project
                                         
                                         
                                         

                                         

                                         
                                         

                                        Supporting local entrepreneurs with a sustainable fund

                                        Created in July 2009, the Schneider Electric Energy Access (SEEA) Fund aims to support the development of entrepreneurial initiatives around access to energy and have an impact on people’s lives at the Base of the Pyramid (BoP). The Fund focuses on helping the development of:

                                        > companies fostering professional integration in the energy management trade
                                        > companies enabling access to energy for BoP populations in rural or peri-urban areas, specifically in Africa and India
                                        > innovative access to energy solutions, based on renewable and dedicated to BoP populations

                                        In 2010, the SEEA invested in the following companies in France:

                                         
                                         
                                         

                                        Chênelet, a professional integration company specialized in development of low consumption social housing
                                        > Know more about Chênelet (in French only) 
                                         
                                         
                                         
                                         

                                          Solasyst, a professional integration company specialized in renewable energy
                                        > Know more about Solasyst (in French only) 
                                         
                                         
                                         
                                         

                                          SIDI, an impact investment fund contributing to the social economy in southern and eastern countries
                                        > Know more about SIDI (in French only) 
                                         
                                         
                                         
                                         
                                          In February 2011 in Dakar, SEEA, in partnership with the SIDI, took an equity position in the Senegal PV company KAYER. Created by a farmers union from the Meckhe region, KAYER offers individual and collective photovoltaic (PV) solutions, including pumping systems for truck farming, which is key for the development of rural populations in Senegal.
                                        > Know more about Kayer (in French only) 
                                         
                                         

                                        In 2010, La Caisse Des Dépôts et Consignations (CDC), one of the major public investment organizations in France, showed its support of the BipBop programme through an investment of ¤5M in 'Schneider Energie Sicav Solidaire', the mutual fund investing in SEEA.