Energy Consumption

Energy

BACS Decree: What France’s Energy Regulations Mean in 2025 & Beyond

November 6th, 2025
Energy

Mendole Strengthens Position: Danish Energy Services 2025 IPO

November 5th, 2025
Salto Systems IDM 2025
Security

Salto Systems Accelerates Beyond Access Control: 4 Strategic Investments

In this Research Note, we examine the Salto Systems business, based on their 2024 revenues and milestones, product innovation and strategic minority investments in 2024 and 2025. Founded in 2001 and headquartered in Oiartzun, Spain, Salto Systems is one of the market leaders in electronic locking and access control solutions across a broad range of […]

Siemens UEL 2025
Smart Buildings

Siemens Advances Net-Zero Strategy: 3 UK Universities Deploy Smart Building Tech

In this Research Note, we examine Siemens solutions portfolio for smart campuses and highlight three major deployments of decarbonization technologies at UK university campuses in London, Birmingham, and Kent. Siemens Buildings business in the UK has implemented a range of solutions including energy audits, lighting replacement, building management system upgrades, solar energy & heat pump […]

MRI Software IPO Sale 2025
Smart Buildings

MRI Software: Exploring the 2025 IPO & Sale Options

This Research Note examines a report from Reuters that MRI Software is to be listed in an IPO or sold. We explore the development of the business over the last 10 years, since it was acquired by private equity owners, highlight their software acquisitions for commercial real estate applications addressing integrated workplace management, tenant experience […]

Wattbuy Acquisition Schneider Electric
Smart Buildings

Wattbuy Acquisition Strengthens Schneider Electric’s 2025 Smart Home Strategy

This Research Note examines Schneider Electric’s acquisition of WattBuy, announced in August 2025.  We highlight the startup’s development and strategic rationale of the acquisition before exploring the overall strategy of Schneider Electric in the US residential energy management space. WattBuy Profile Founded in 2017, Bellevue Washington based WattBuy is a software platform that helps consumers […]

Legence 2025 IPO
Smart Buildings

Legence IPO Filing 2025: Financial & Market Position Analysis

This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering.  We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale […]

Carnot Hong Kong
Energy

Carnot’s Energy Optimization Solutions 2025 Expansion in Asia & Middle East

This Research Note examines Carnot Innovations, a Hong Kong-based smart buildings startup. We explore their AI-powered energy optimization solutions, deployments, funding, and partnerships. Carnot Innovations Profile Founded in 2018, Carnot Innovations has developed a proprietary AI Optimization and Analytics solution to control buildings in real-time, aiming to improve the operational and resource efficiency of buildings […]

Techem Acquisition 2025
Energy

Techem’s Major €6.7B Acquisition by Partners Group to Drive Next Growth Phase

This Research Note examines what’s behind the announcement of the €6.7B acquisition of German submetering firm, Techem by Partners Group and a consortium of minority investors. We highlight the transaction details, ownership history, and strategic rationale, as well as reviewing Techem’s financials and device and services portfolio. Transaction Details Partners Group, GIC, TPG Rise Climate, […]

Helvar Healthcare Lighting
Smart Buildings

Helvar’s Smart Building Focus Strengthens After 2024 Demerger

In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July […]

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