Celsia and Brookfield Launch Atera for Energy Efficiency Services

Atera: New Energy Efficiency Firm Targets Latin American Industrial Sector with $500M Investment

A new player is entering the Latin American energy market, focused on making industrial operations more efficient and sustainable. Atera, launched by Celsia and Brookfield, is a new firm dedicated to providing energy efficiency solutions to the industrial sector, without placing the burden of investment on companies themselves.

The Rise of Energy-as-a-Service

Atera operates on an “Energy-as-a-Service” (EAAS) model. This means the company assumes the upfront investment costs for implementing energy efficiency upgrades, and clients pay a rate based on the realized savings. This strategy allows companies to benefit from reduced operational costs and a lower carbon footprint without the capital expenditure. The results are designed to be measurable and effective.

From Concept to Reality: What atera Brings to the Table

Celsia is contributing its existing energy efficiency business – including technical expertise, commercial knowledge, and a team of seasoned professionals – to Atera. This includes a portfolio of distributed solar generation assets (including rooftop and farm-based solar) and contracts for energy efficiency projects (including lighting, compressed air, pumping, and thermal districts) in colombia, Panama, and Honduras.

Meaningful Investment in a Growing Market

Atera has secured a commitment for over $500 million in investment by 2030. This capital will be used to leverage the existing portfolio of more than 500 current clients who have already seen over $33 million in savings from previously implemented energy efficiency measures. Approximately $250 million of this funding comes from equity, with Celsia contributing no more than $40 million.

Brookfield and Celsia: A Powerful Partnership

“We are excited to partner with Celsia through our Energy Transition Catalytic Fund to develop Atera and encourage energy transition across Colombia and the wider region,” stated Nicolás de Narváez,Head of Energy and Energy Transition at Brookfield in Latin America. He further emphasized the potential for expanding behind-the-meter solutions for commercial and industrial clients.

Ricardo Sierra, leader of Celsia, echoed this enthusiasm, adding that Atera acts as a specialized asset management venture focused on energy efficiency, combining Celsia’s eight years of experience with Brookfield’s global investment capabilities. “This alliance positions us to lead this segment in Colombia and expand into the latin American market, with a robust portfolio already generating ample income and a project pipeline exceeding $500 million. This deal also reduces Celsia’s net debt by $400 million.”

The Competitive Advantage of Atera

Atera offers three key value propositions:

Personalized Energy Efficiency

Atera stresses that energy efficiency is central to the competitiveness and sustainability of businesses.

Electrification and Decarbonization

The company provides the implementation of clean technologies and electrification of productive processes to reduce the carbon footprint of industries in a financially viable and scalable manner.

expertise and Capital

Atera’s team provides thorough analysis and develops solutions tailored to specific industrial processes. Crucially, Atera assumes the investment, liberating client resources to concentrate on their core business.

Addressing a Critical Need in Latin America

Atera’s launch comes at a pivotal time for Latin America, where renewable energy deployment and energy efficiency are increasingly critically important for enhancing competitiveness, ensuring energy availability, and fostering economic and territorial development.

How does Atera leverage the existing IT management capabilities of Atera Networks to optimize energy consumption for businesses?

Understanding the Atera Platform & Its Role in energy Management

Celsia, a leading renewable energy company, and Brookfield, a global alternative asset manager, have jointly launched Atera, a new platform designed to deliver comprehensive energy efficiency services. While details surrounding the launch are emerging, understanding the core technology underpinning Atera – as defined by Atera Networks – is crucial.Atera networks provides an IT management software suite encompassing Remote Monitoring and Management (RMM), patch management, and help desk functionalities. This foundation suggests Atera, the energy efficiency service, will leverage similar data-driven, automated approaches to optimize energy consumption.

Key Services Offered by Atera

The newly launched Atera platform focuses on providing businesses with a holistic approach to reducing energy costs and improving sustainability. Core service offerings are expected to include:

* Energy Audits & Assessments: Detailed analyses of current energy usage patterns to identify areas for betterment. These audits will likely cover lighting, HVAC systems, and industrial equipment.

* Implementation of Energy-Efficient Technologies: Atera will facilitate the adoption of technologies like LED lighting upgrades, smart thermostats, and high-efficiency HVAC systems.

* Energy Monitoring & Reporting: Real-time monitoring of energy consumption, providing businesses with actionable insights and detailed reports. This is where the Atera Networks technology base likely plays a significant role, offering a centralized dashboard for data visualization.

* Demand Response Programs: Participation in demand response initiatives, allowing businesses to reduce energy consumption during peak demand periods and potentially earn revenue.

* Renewable Energy Integration: Support for integrating renewable energy sources, such as solar power, into existing energy systems.

* Financing Solutions: Access to financing options to help businesses cover the upfront costs of energy efficiency upgrades.

Target Industries & Applications

Atera’s services are designed to benefit a wide range of industries, including:

* Commercial Real Estate: optimizing energy usage in office buildings, retail spaces, and other commercial properties.

* Industrial Facilities: Reducing energy consumption in manufacturing plants, warehouses, and distribution centers.

* Healthcare: Improving energy efficiency in hospitals, clinics, and medical offices.

* Retail: Lowering energy costs in stores and supermarkets.

* Hospitality: Enhancing energy performance in hotels and restaurants.

Specific applications within these industries include:

1. HVAC Optimization: Implementing smart controls and preventative maintenance to maximize HVAC efficiency.
2. Lighting Retrofits: Replacing outdated lighting systems with energy-efficient LED alternatives.
3. Building Automation Systems (BAS): Integrating and optimizing building systems to reduce energy waste.
4. Energy Data Analytics: Utilizing data analytics to identify energy saving opportunities and track performance.

The Brookfield & Celsia Synergy: A Powerful Combination

The partnership between Brookfield and Celsia brings together complementary expertise. Brookfield’s extensive experience in infrastructure investment and asset management,combined with Celsia’s deep knowledge of renewable energy and energy efficiency,positions Atera for significant growth. Brookfield’s financial strength will enable Atera to scale its operations and offer competitive financing solutions. Celsia’s operational expertise will ensure the effective implementation of energy efficiency projects.

Benefits of Utilizing Atera’s Energy Efficiency Services

Investing in energy efficiency through platforms like Atera offers numerous benefits:

* Reduced Energy Costs: Lower monthly utility bills translate to significant savings over time.

* Improved Sustainability: Reducing energy consumption minimizes environmental impact and supports corporate sustainability goals.

* Enhanced Building Value: Energy-efficient buildings are more attractive to tenants and investors.

* Increased Operational Efficiency: Optimized energy systems can improve overall operational performance.

* Tax Incentives & Rebates: Many jurisdictions offer tax incentives and rebates for energy efficiency upgrades.

* Enhanced Brand Reputation: Demonstrating a commitment to sustainability can enhance a company’s brand image.

The Role of Technology & Data Analytics in Atera’s Approach

The foundation of Atera Networks’ IT management software suggests a strong emphasis on data-driven decision-making. Expect Atera to leverage:

* IoT Sensors: Deploying sensors to collect real-time data on energy consumption, temperature, and other relevant parameters.

* Machine Learning Algorithms: Utilizing machine learning to analyze data, identify patterns, and predict energy usage.

* Cloud-Based Platforms: Providing access to data and insights through a secure, cloud-based platform.

* Automated Reporting: Generating automated reports to track progress and demonstrate ROI.

Future Outlook & Potential Expansion

The launch of Atera represents a significant step towards accelerating the adoption of energy efficiency solutions.Future expansion could include:

* Geographic Expansion: Expanding services to new regions and markets.

* Service Diversification: Adding new energy efficiency services, such as energy storage and microgrid solutions.

* Integration with Smart Grid Technologies: Connecting Atera’s platform with smart grid infrastructure to enable more complex energy management.

* Growth of Proprietary Technologies: Investing in the development of innovative energy efficiency technologies.