Actis, a growth markets investor in sustainable infrastructure, has acquired a 100 percent stake in Barghest Building Performance (bbp), an energy-savings-as-a-service (ESaaS) provider for heating, ventilation and air conditioning (HVAC) systems in Asia.
bbp provides energy-efficiency solutions that aim to unlock energy savings through a combination of patented software, proprietary know how, sensors and controllers. The platform is complemented by machine learning and artificial intelligence (AI), modeled using real data from more than 400,000 refrigeration tons (RT) of cooling systems optimized by bbp across nine markets in Asia.
In addition to optimizing existing cooling systems, bbp also selectively upgrades customer equipment. bbp typically funds the deployment of its optimization solutions and clients’ HVAC equipment upgrade. The business serves operations such as semiconductor and pharmaceutical manufacturing, data centers, district cooling plants, hospitals,
