BP, Infosys ink pact, to develop integrated energy-as-a- service offering

Infosys NSE -0.37 % and BP on Thursday announced that they have signed an MoU under which both companies intend to work together to develop an integrated Energy-as-a-Service (EaaS) offering that will provide end-to-end management of a customers’ energy assets and services. Together, the companies intend to explore opportunities using BP’s energy and mobility expertise and Infosys’ digital capabilities to manage energy assets, provide low carbon power, low carbon heating/cooling, and low carbon mobility to campuses, driven by an AI-based digital platform, an Infosys statement said.

BP’s integrated energy offer draws on technologies and businesses in solar and wind together with gas for power, fuels, electric vehicle charging, battery swapping and advanced mobility solutions, it said.