AZZO's innovative EnergyX IoT platform, backed by Angeleno Group's investment, empowers businesses to optimize energy consumption and reduce carbon footprint.
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| AZZO, an Australian energy tech leader, secures investment from Angeleno Group to accelerate global expansion and drive sustainable energy solutions. Image: AZZO |
Adelaide, Australia – December 20, 2024:
AZZO, a leading Australian energy management software and services company, has announced a significant investment from Angeleno Group, a US-based clean energy and climate solutions firm. This partnership aims to accelerate AZZO's global expansion and the development of its innovative EnergyX IoT platform.
AZZO's EnergyX platform is designed to optimize energy management, reduce costs, and enhance sustainability for businesses. By integrating renewable energy sources and enabling intelligent energy consumption, the platform helps organizations achieve their climate goals and improve operational efficiency.
"This investment from Angeleno Group is a testament to the strength of our technology and the potential of our business," said John Azzollini, Founder of AZZO. "With their support, we are well-positioned to scale our operations and make a greater impact on the global energy landscape."
Dominic Drenen, former CEO of Click Energy, will join AZZO as Chairman of the Board. Drenen brings extensive experience in the energy sector and will play a crucial role in guiding AZZO's future growth.
Angeleno Group's investment in AZZO aligns with its mission to support innovative clean energy solutions. By leveraging their expertise and resources, both companies aim to drive the adoption of sustainable energy practices and contribute to a more sustainable future.