Business
Smart4Power integrates with ENGIE Solutions, strengthening energy saving offerings in the Middle East.
ENGIE Solutions, a global leader in giving energy productivity solutions, has announced the incorporation of an energy assistance organisation (ESCO) Smart4Power. The addition of Smart4Power into ENGIE Solutions will join two solid cases of power answers, further enhancing ENGIEs position in the Middle East as a lead in the development of a carbon-neutral world.
As one of the first companies in the region to offer energy savings review contracts and to be certified as an ESCO, Dubai-based Smart4Power provides energy-saving solutions to existing buildings in the public and private sector, with a selection of projects across the region.
The company has retrofitted almost 2,000 homes since 2012, including hotels, schools, hospitals, and other residential, industrial, and industrial buildings, such as Dubai Airports, Ras Al Khaimah Economic Zone (RAKEZ), Institute of Public Administration (KSA), RAK Hospital, Lamprell plc, Mohammed Bin Rashid Housing Establishment (MBRHE), Wyndham Dubai Marina and more.
Smart4Powers activities additionally reinforce ENGIE Solutions portfolio and services, in producing energy as a service, energy retrofits, renewable solutions, and smart building systems.
Speaking on the movement to incorporate Smart4Power into ENGIE Solutions, Ian Harfield, Executive Vice President of ENGIE Solutions, Middle East, South & Central Asia and Turkey said: ENGIE Solutions is gratified to welcome the Smart4Power team into the ENGIE family. We are enthusiastic to invest in companies that present services that complement not only our own but share our vision to lead the transition towards a carbon-neutral world.
Smart4Power has a proven record of successful retrofits throughout the GCC, and we will continue to deliver the same services to customers with the added benefits of ENGIE Solutions extensive portfolio of services.
Jess Gutirrez, Co-Managing Director of Smart4Power, said: Smart4Power has built a reliable reputation for delivering energy excellence to our customers since 2012. We are very pleased with what we have achieved, and becoming part of ENGIE Solutions is an exciting next step for our business. Our mission from the beginning was to create bespoke energy efficiency solutions that create value for building owners and operators a value core to ENGIE Solutions, making this integration a logical choice for Smart4Power and our customers.
With an ambition to become a leader in the carbon-neutral transition, ENGIE Solutions delivers energy as a service to customers everywhere in the region, through bespoke performance-based contracts that are adapted to each clients unique requirements. ENGIE Solutions also finances the implementation of smart building systems and energy retrofits, including renewable solutions through secured or shared saving plans with an agreed payback period.