Real estate owners, including both multi-family residential and commercial real estate, struggle with increasing regulatory pressure, inefficient retrofit solutions, and rising energy costs for their tenants. The market is fragmented, with slow and uncoordinated service providers that make energy optimization renovations complex and expensive. Many projects stall due to financing challenges and a lack of technical expertise. As a result, energy inefficiency persists, lowering property values and increasing operational costs.

The Solution

Reshape Energy is building a next-generation energy services platform to simplify and streamline building energy retrofits. Offering a digitally-enabled, holistic solution, Reshape addresses the full spectrum of customer needs—from initial energy assessment and contracting to financing, implementation, optimisation, and ongoing management. The platform integrates technologies such as solar installations, heat pumps, battery storage, IoT-based energy management, and innovative financing options, significantly reducing upfront costs and enabling efficient, strategic energy management.Reshape transforms energy management from a cost center into a strategic asset, increasing property values and reducing operational expenses for building owners in both residential and commercial sectors.

Why we invested

Highly Experienced Team: Reshape's leadership comprises seasoned entrepreneurs and renowned industry experts with deep expertise in energy, digital platforms, and finance. The founders include Gerard Reid (Chairman), a leading energy investment banker and member of the WEF Global Future Energy Council; Andrew Mack (CEO), former CEO of Octopus Energy Germany; and Andrew Goodwin, founder of Verivox, Germany's top price-comparison platform.Scalable M&A Rollup Strategy: Reshape applies a targeted "builder’s capital" rollup approach, acquiring and integrating profitable companies along the energy service value chain into its unified digital platform. This model generates significant operational synergies, enhancing efficiency and scalability beyond what traditional, fragmented market participants can achieve.With its seasoned leadership team and innovative technology platform, Reshape Energy is positioned to become a leading digital-first energy services company.