Nuvve Launches Astrea, a Standalone Company Built to Help Co-ops and Municipal Utilities Forecast Up to Two Weeks In Advance
Nuvve launched Astrea, Inc., a standalone majority-controlled company that will sell Nuvve's AI market and load forecasting platform to electric cooperatives and municipal utilities. Astrea offers a two-week forward forecast with a one-week look back, and also plans to support battery storage revenue generation in Europe and Japan. Sai Reddy leads Astrea as CEO, with Nuvve CEO Gregory Poilasne as Executive Chairman and David Robson as CFO; Nuvve retains a controlling interest.
Key figures
- Ownership
- Nuvve holds a controlling interest
- Forecast horizon
- two weeks forward, one week look back
AI analysis
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