Jan 21 (Reuters) -
* CLOOVER SECURES $1.2 BILLION FINANCING COMMITMENT TO BUILD THE AI OPERATING SYSTEM FOR ENERGY INDEPENDENCE Source text: Further company coverage: [ ]

CLOE

CLOEU

<p>Cloover has secured a $1.2 billion financing commitment to develop an AI operating system aimed at enhancing energy independence. This includes $22 million in Series A equity financing and a $1.2 billion debt facility, with support from various investors and a €300 million guarantee from the European Investment Fund. The platform integrates financing and software to streamline decentralized energy solutions, enabling households to access clean energy without upfront costs. Cloover aims to revolutionize the energy sector by connecting stakeholders and improving project efficiency, ultimately facilitating the transition to sustainable energy.</p>

Cloover Secures $1.2 Billion Financing Commitment To Build The AI Operating System For Energy Independence