CBRE Acquires E2C Technology
CBRE has acquired artificial intelligence business E2C Technology, with the intention of offering its clients additional data solutions. CBRE hopes to use the...
Read Full ArticleUK smart building technology firm Infogrid has announced the acquisition of Aquicore, an ESG data and analytics company.
The acquisition will merge Infogrid’s AI-powered technology with Aquicore’s ESG reporting and analytics platform.
Aquicore was founded in 2012 by Logan Soya as an energy management and operations platform for real estate. Headquartered in Washington DC, Aquicore already supports real estate institutions in obtaining high-quality ESG data, identifying and enabling efficiency projects and decarbonisation strategies, and improving energy and carbon performance across a building portfolio.
Their solutions are currently deployed in over 1,000 buildings across the United States, totalling over 300 million square feet, and representing more than 2,000 successful deployments and 100,000 actively monitored devices.
60 members of staff will be added to the Infogrid team, with Aquicore Founder Logan Soya joining Infogrid’s senior leadership team.
Infogrid Founder and CEO William Cowell de Gruchy commented: "We’re super excited to join forces with Aquicore to drive our joint mission forward with ever more pace and vigour. Alongside being kindred spirits, the Aquicore team bring a wealth of expertise and critical know-how in this space, which is essential to helping the commercial property sector realize their ESG goals.
“Today’s news signals an important leap forward on the path to a net zero future for the built environment, an ambition that grows more urgent every day. Together, Infogrid, Aquicore and our external partners will be able to deliver a complete environmental reporting and reduction offering for the commercial real estate sector - and therefore a credible path to a zero carbon future.”
Picture: a photograph of William Cowell de Gruchy. Image Credit: Infogrid
Article written by Ella Tansley | Published 03 November 2022
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