Press release October 23, 2019

Egain and Enerlis Announce A Partnership To Assist French Property Owners Reduce Energy Use And Environmental Footprint

Egain and Enerlis are pleased to announce they have entered into a strategic distribution partnership, combining Egain’s industry-leading IoT and AI-based cloud service for building energy efficiency optimization with Enerlis’ world-class independent services aimed at reducing energy bills and environmental footprint for property owners in France.

KUNGSBACKA & PARIS – October 23, 2019 — Egain and Enerlis are pleased to announce they have entered into a strategic distribution partnership, combining Egain’s industry-leading IoT and AI-based cloud service for building energy efficiency optimization with Enerlis’ world-class independent services aimed at reducing energy consumption and environmental footprint for property owners in France.

Property owners and managers are continually looking for new ways to make buildings more efficient, sustainable, safer and more comfortable. The partnership between Egain and Enerlis aim to assist companies to harness new opportunities in the era of building digitalization.

The two organizations will work to equip residential and government buildings with AI-driven solutions to provide greater system insight and control, leading to improvements in energy efficiency and tenant comfort. The first joint project within the Social Housing sector is already on the way and findings show energy savings of more than 20%, ultimately increasing the value of these buildings.

“The reality of climate change has never been clearer; neither has the way forward. Buildings account for 40% of Europe’s energy consumption and 36% of greenhouse gases. Egain’s purpose is to put a stop to energy and efficiency waste in the world’s buildings,” said Sven-Olof Husmark, CEO, Egain. “Combining Egain’s technology solutions for the digitalization of buildings with Enerlis’ energy management services, we will together shape the future of intelligent building energy optimization in France – for a better planet today and for the generations of tomorrow.”

“With growing global energy consumption and the urgent need to preserve our planet’s resources, we know that energy issues must be understood in their entirety. That is why we created Enerlis,” said Thierry Martin, CEO, Enerlis. “By addressing the entire value chain: from upstream-downstream processes to the implementation of financing solutions, we strive to be the architect of energy efficiency for our customers. Egain’s intelligent solutions have a natural fit in this supply chain, and we see significant opportunities to enhance our capabilities further to drive improved energy efficiency of the French building stock.”

For further information, please contact:

Sven-Olof Husmark, CEO, Egain Group
sven-olof.husmark@egain.io
+46 79 335 3320

Thierry Martin, CEO, Enerlis
Thierry.martin@enerlis.fr
+33 (0)1 70 95 00 80

About Egain
Egain is a leading technology company within energy and comfort optimization of residential buildings. The company develops IoT solutions, mobile apps and AI-based software that visualizes building opportunities and automatically optimizes the energy consumption leading to lower energy consumption, improved buildings environmental footprint and optimized living comfort. Egain was founded 2003 with HQ in Kungsbacka, Sweden and is today owned by Summa Equity. With offices in five European countries, Egain is currently serving more than 5,000 buildings and 300,000 apartments in 11 countries. www.egain.io

About Enerlis
Enerlis integrates and coordinates energy and environmental expertise to help major energy consumers reduce their energy bills and environmental footprint. By addressing the entire value chain, Enerlis implement a wide range o  energy project and solutions, specifically with social housing agencies. The company with HQ in Paris, France was founded in 2013 by Aurélie Gaudillère and Thierry Martin. With offices spanning France, the company achieves strong year on year growth and today has a turnover of 35 MEUR. www.enerlis.fr

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