South Korean investment firm DeepGreenX has signed a framework agreement with Sente Ventures to create a new five-year $25 billion strategic investment program.

The program will be open to companies that provide solutions for clean energy generation, virtual grids, battery storage, microreactor power, data center infrastructure, and technologies to support data centers and computing hubs.

The partners will use the program to capture sustainability customers and deep technology solutions for DeepGreenX’s AI-powered data financialization platform.

DeepGreenX CEO Barclay Knapp “expects the program to create new pathways for green energy companies and projects.”

DXG-Hues, DeepGreenX’s joint venture with Hues Capital, will provide funding. DXG-Hues will deploy two $5 billion funds for green energy, AI, and computing power projects in the US, Europe, and Southeast Asia.

DeepGreenX was founded in 2020 and is headquartered in Seoul, South Korea. The company has operations in 20 countries and offers a broad suite of services, including carbon credits, green energy certification, and nature-based assets for the technology and data center sectors.

Sente Ventures is a Chicago-based venture investment platform that focuses on derisking cross-sector investment in low-carbon technologies. It has a portfolio of 56 startups across 24 countries.

In November, the Asia Development and Investment Bank (ADIB) announced a strategic equity investment into DeepGreenX. As part of the deal, ADIB will provide DeepGreenX with $140 billion in engineering, procurement, construction, and data management projects and will also acquire a 36 percent stake in the company.