Reshape Energy is using an acquisition playbook to drive energy upgrades for commercial real estate

Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and energy price comparison platform Verivox. It’s focusing on selling energy system upgrades to commercial real estate, targeting property owners with portfolios of buildings. Carbon emissions from heating buildings significantly contribute to climate change. Therefore, accelerating the transition to lower-carbon forms of heat management, such as heat pumps and solar panels, is a key piece of meeting climate goals. Hence why, in Europe, there’s considerable regulatory pressure being applied to building owners to carry out energy upgrades. At the same time, accessing the specialist skills required to pull off these energy upgrade projects — or even just understand what needs to be done to optimize a particula ... Read full article.