Alstom and Bouygues, through their subsidiaries Bouygues Immobilier and ETDE, on Thursday announced the setting up of a joint venture under the name EMBIX to develop and provide energy management services for eco-districts.

The initiative opens a new chapter in the fruitful partnership begun by Bouygues and Alstom in 2006, according to an official release here.

The new entity EMBIX will offe