Industry

Renewable Energy

Company Type

Energy Efficiency Solutions

Size

$50 Million

Investment Type

Equity

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ENERGI SOLUTIONS

Overview

Energi Solutions is seeking $40-60 million of growth capital to provides dynamic renewable energy and energy efficiency solutions for homes and businesses.

“More than panels” strategy – sell/install synchronized systems including solar panels, state-of-the-art HVAC and batteries, as complete and complementary solutions


Launched operations in the fall of 2021 with $700,000 of seed capital


Booked close to $8 million in revenue for YTD 2022 (seven months)


Agreement to acquire install company – management expects to more than double revenue and improve margins with in-house construction crews

ENERGI SOLUTIONS

Opportunity- Solar

Solar energy accounted for more than half (54%) of all new electricity-generating capacity in the US for the first nine months of 2021 – just 4% in 2010


Solar growth is mainly due to technological advancements, state and federal incentives to invest in clean energy, and corporate clean energy goals


Average cost to install solar has dropped over 70% over the past 10 years

Opportunity- HVAC

Spending on HVAC systems and installations in the US was $15.16 billion in 2020 – expected to expand 6.0% per year through 2028


Each year, three million US residential heating and cooling systems are replaced and $14 billion is spent on residential HVAC services or repairs


Availability of high-efficiency equipment, extreme climate conditions, and growing construction activities are primary factors driving the country’s HVAC demand

ENERGI SOLUTIONS

Strategy/Solution

Differentiated from competitors by providing “synchronized solutions” to homes and businesses

bundle solar panels with high efficiency HVAC and battery systems – (allows for fewer panels and cost savings)


consumer installed costs (pre-tax incentives): solar $25-100,000; solar batteries $9,000+; HVAC $4-10,000


installed costs for businesses vary and can be significantly higher


Provide whole-home water purification systems ($3,500+ per installation) – air purification systems typically bundled with all residential sales


Building large direct sales force, which has shown to be a successful strategy in CEO’s prior experience, as well as in-house installation team to handle most projects

ENERGI SOLUTIONS

Management Team

Jeff Chavez , Founder and CEO 

Over 20 years of experience with several entrepreneurial endeavors in technology and venture capital


Was president of Avolta, a solar panel sales and installation company


Oversaw more than 600 employees and increased sales from $50 million to 150 million. Left Avolta to start Energi Solutions to provide a broader range of renewable energy and energy efficiency products and services to homes and businesses


Previously, CEO of Molecule Technologies, an HVAC and H2O absorption technology company. Ran Time Warner Media’s Digital Marketing Division in New York from 2009 to 2011


Earlier, built $20 million inside sales team at Northstar Ventures, which provided corporate training programs


Has raised over $75 million in private capital across various ventures

Russ Johnson ,  Founder and EVP of Sales Operation

Over twenty years of experience in clean energy and solar system sales and construction


Regional sales leader and director of operations at Avolta, a solar panel sales and installation company, and completed over 350 solar installations


Left Avolta with Jeff Chavez to start Energi Solutions. Previously, COO of Clean Energy Japan and managed over 100 employees, increasing revenues 6x from 2016 to 2019. University of Utah – David Eccles School of Business, BS, Business Administration, Japanese

ENERGI SOLUTIONS

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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