BNP Paribas Leasing Solutions has announced a partnership with Eaton, the intelligent power management company, to offer tailored finance solutions to help business owners accelerate their energy transition while preserving cashflow.
In an era of elevated energy prices, business owners are looking at ways to reduce energy costs and ensure business continuity. Energy storage, uninterruptible power supplies (UPS) and EV charging infrastructure can help them to achieve these goals.
The solution developed by Eaton and BNP Paribas Leasing Solutions offers cashflow-friendly payment plans for infrastructure and equipment, and also integrates access to Eaton’s global service network.
Pascale Favre, Head of the Technology Lifecycle Solutions business line at BNP Paribas Leasing Solutions said: “Eaton’s approach is in line with our aim to support the transition to a net zero economy which is at the very heart of our GTS 2025 Plan. This is why we are looking forward to accompanying Eaton and its customers to invest in sustainable infrastructure and equipment.”
Andreea Laplace, Strategic Financing and Venture Business Development Director at Eaton, said: “By taking an integrated approach to the energy transition, businesses will reap additional cost-savings and reduce their carbon footprint. Our Buildings as a Grid approach can include any combination of EV charging infrastructure, energy storage and renewable generation, but implementing all three yields most benefits. The solution we have developed with BNP Paribas Leasing Solutions gives customers access to energy transition technologies affordably, helping them to conserve cash while at the same time make a positive environmental impact.”
The finance programme is available now in France, Spain, Norway and Switzerland, with further European expansion planned in 2023.
about eaton
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries.
For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.
about BNP Paribas leasing solutions
At BNP Paribas Leasing Solutions, we offer capital efficient business equipment financing solutions in key sectors including agriculture, construction, transportation, materials handling, ICT, healthcare and green tech. Drawing on our proud 70-year history, our partners and clients rely on our market expertise, asset know-how and advisory services to propel their growth, transformation and transition to a low carbon circular economy.
We employ over 3,700 experts and are present in 17 countries across Europe and Turkey. We also offer vendor finance solutions in the USA and Canada in partnership with Bank of Montreal, and in China through Jiangsu Financial Leasing. In 2022, we advanced over €15 billion in asset finance and presently manage a €38 billion leased assets portfolio. BNP Paribas Leasing Solutions is fully owned by BNP Paribas and is positioned within the Group’s Commercial, Personal Banking & Services division.
For further information, visit BNP Paribas Leasing Solutions or contact Suhale Vorajee at suhale.vorajee@bnpparibas.com
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