Swiss pension fund Pensimo launches wide scale sustainability project with Egain
Swiss pension fund management company Pensimo Group and Egain Switzerland have launched a wide-scale project to reduce CO2 emissions in over 15’000 apartments over the next 3 years. The project uses IOT (Internet of Things) technology to connect the building to the Egain Edge service and accurately control the heating system and indoor climate of over 1’200’000 sqm of properties.
“We are delighted to help the Pensimo Group achieve its sustainability goals and hope that other institutional investors will follow -it is high time to take action if we are to win the battle against global warming .” says Antoine Eddé, Egain Switzerland.
About Pensimo Management AG
Pensimo Management AG invests in valuable real estate on behalf of four investment foundations; mainly in Switzerland, but also abroad. Investors are Swiss pension funds of various sizes. Some of the investment foundations/investment groups focus on specific types of use. Pensimo Fondsleitung AG, a subsidiary of Pensimo Management AG, manages the listed real estate fund Swissinvest.
Egain is a leading technology company with cutting-edge competence within energy and comfort optimization of residential buildings. The company develops intelligent software that visualizes building opportunities and automatically optimizes the energy consumption of residential buildings 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. Currently, Egain is serving more than 4,000 buildings and 250,000 apartments in 11 countries.