Johnson Controls Partners with Broadscale Group to Scale Up Energy Innovations

  Johnson Controls Partners with Broadscale Group to Scale Up Energy
  Innovations

Global leader in energy and the built environment joins pioneering Broadscale
Network

Business Wire

NEW YORK -- April 23, 2013

Broadscale Group, a new model of investment firm working with leading energy
corporations to commercialize the industry’s most promising innovations, today
announced Johnson Controls as its newest Network Member. Johnson Controls
joins previously announced Network Members Duke Energy, General Electric, and
National Grid.

As part of the Broadscale Network, Johnson Controls will have access to unique
investment and commercialization opportunities with growth-stage companies.
Broadscale’s commercialization platform aligns the strategic interests of
industry leaders and growth companies to overcome the challenges that have
made it difficult for many important energy innovations to succeed.

“We are very excited to have Johnson Controls in our Network,” said Andrew L.
Shapiro, Broadscale’s founder. “With extensive knowledge across the building,
energy, and automotive industries and a clear commitment to innovation,
Johnson Controls is a great partner for us.”

“Innovation has driven our company since its founding more than 125 years
ago,” said Kevin Self, vice president of strategy and corporate development,
Johnson Controls Building Efficiency. “We believe finding new ways to identify
and commercialize breakthrough technologies is an essential part of our
future.”

Founded in 2012, Broadscale Group accelerates innovation across the energy and
resource industries in order to improve productivity and make cleaner
solutions more cost effective. Broadscale is committed to combining the drive,
creativity and technical advances of the best entrepreneurs with the market
knowledge and reach of established industry leaders.

About Broadscale Group

Broadscale Group (www.broadscale.com) is a new model of investment firm
dedicated to scaling up breakthrough solutions for a changing world.
Broadscale works with leading corporations to invest in and commercialize the
most promising, market-ready solutions.

About Johnson Controls

Johnson Controls is a global diversified technology and industrial leader
serving customers in more than 150 countries. Its 170,000 employees create
quality products, services and solutions to optimize energy and operational
efficiencies of buildings; lead-acid automotive batteries and advanced
batteries for hybrid and electric vehicles; and interior systems for
automobiles. For additional information, please visit
http://www.johnsoncontrols.com.

Contact:

Broadscale Group
Liz Finnegan, 646-619-9408
or
For any inquiries:
info@broadscale.com
 
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