Case Studies  →  Venture Building  →  Engie Energy Efficiency

Offering Energy Efficiency-as-a-service to the F&B industry in Asia and Australia.

Energy Efficiency-as-a-service venture validation with Engie

Industry: Utilities
Technology: Energy, Venture
Location: APAC

Brief

In line with its group strategy, Engie Factory, the venture arm of Engie Group, wanted to develop an Energy Efficiency-as-a-Service business.

Challenges

Rainmaking was asked to validate the opportunity by testing Desirability (Customer Demand), Feasibility (Product Fit) and Viability (P&L) over three months and to elaborate the value proposition in order to build this new venture.

Outcome

ProJoule, the venture validated by Rainmaking, offers Energy Efficiency-as-a-Service to the F&B industry in Asia and Australia. Energy Management Systems (EMS) are installed at no upfront cost to capture energy consumption data. Pilots so far have shown 10-40% of savings on energy bills. Projoule only gets paid when energy is saved for clients (the 3-year contract is built on 50% of the energy savings realized).

Key Takeaways:

venture-building-icon_newgreen-150x150@2x

Venture Building

Up to

0 %

Savings on Energy Bills

Sustainable Development
Goals Project

Venture Building

Develop new, future-proof business models outside of your core business.

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