Societe Generale and Envision have signed an MOU to advance the development of green technologies and optimize the carbon footprint of businesses, according to a news release.
Under the MOU, Societe Generale will support the green technology developments of Envision, such as smart wind farms, green hydrogen, battery gigafactories and net-zero industrial parks projects, through a wide range of sustainable finance and investment banking offerings.
This collaboration already has a solid track record as Societe Generale played a lead role in the advisory and financing of a battery gigafactory project, contributing to accelerating the energy transition and decarbonization efforts in France and the rest of the world.
On a non-exclusive basis, Societe Generale will also explore the application of Envision’s net zero technologies and decarbonization solutions to support the carbon footprint reduction of the bank and its clients.
