With Growth Capital, Aircuity Poised for Continued Success in the Energy Efficiency Space
Aircuity, the smart airside efficiency company, is pleased to announce the receipt of a $3 million investment from CCM US, LLC (CCM), a Washington, DC based asset management group investing in clean energy and real estate. The investment provides expansion capital to fund Aircuity’s continued growth. Josh Green, Managing Director for Energy at CCM, will join Aircuity’s board.
“Aircuity’s unique airside efficiency solutions, which can be applied in nearly any commercial building, are a great fit with our green building-focused investment strategy,” said Josh Green. “Aircuity has shown that it can deliver significant energy savings and critical information about airside building performance reliably and accurately, while simultaneously improving health and safety for building occupants. The company has a large base of satisfied customers and has built a platform well-positioned for future growth. We are excited about Aircuity’s future plans, and CCM will actively assist Aircuity to accelerate the adoption of its unique solutions by leading owners and operators of commercial real estate.”
Aircuity solutions enable commercial and institutional building owners to significantly reduce energy use without sacrificing the safety, comfort or productivity of occupants. Aircuity can reduce energy use by 40-60% in laboratories with a typical payback of less than two years and deliver a 20-30% reduction in energy use in offices, public facilities and other variable occupant spaces with a payback of 3-5 years. Aircuity’s OptiNet® system continuously monitors a facility’s indoor environment and adjusts the ventilation based on conditions within the space, increasing ventilation if there are more occupants or if airborne contaminants are present and decreasing ventilation when there are fewer occupants, or the air is clean. Aircuity Advisor™ Services analyzes the data collected by the OptiNet system to provide insight about the building’s airside performance, helping facility managers maintain energy savings while helping EH&S personnel monitor lab indoor air quality.
“CCM’s experience in both commercial real estate and clean energy makes them a great partner for Aircuity,” said Dan Diehl, Aircuity Chief Executive Officer. “We know that optimizing ventilation in commercial buildings is the ‘next big thing’ in energy efficiency, and we have learned a lot from our key commercial office customers such as the Durst Organization and Hines. We are excited to add CCM’s perspective to this group.”
Aircuity is the smart airside efficiency company providing building owners with sustained energy savings through its intelligent measurement solutions. By combining real-time sensing and continuous analysis of indoor environments, the company has helped commercial, institutional and lab building owners lower operating costs, improve safety and become more energy efficient. Founded in 2000 and headquartered in Newton, MA, Aircuity’s solutions have benefited organizations such as the University of Pennsylvania, Eli Lilly, Masdar City, the Bank of America Tower and the University of California-Irvine. For additional information on the company and its solutions, please visit: https://www.aircuity.com.
About CCM US, LLC
CCM is a Washington, DC based asset manager dedicated to generating superior, risk-adjusted returns by investing in clean energy and commercial real estate in the US and Latin America. Historically a real estate firm, the CCM family of companies includes ownership, leasing, management and development of commercial real estate in the Mid-Atlantic and Southeastern United States and Puerto Rico. In clean energy, CCM invests expansion capital into rapidly growing companies with a proven solution in the green building, green construction, and distributed energy sectors. The firm acts as a strategic investor, providing its portfolio companies with unique value based on its deep expertise and connections in the real estate industry, as well as its extensive portfolio of owned and managed buildings into which clean energy solutions can be deployed.