Centrica Business Solutions (formerly REstore)
Delivers cloud-based demand-side management software and demand response services to over 150 of Europe’s largest energy users.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | €70.0m | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 133 % | (54 %) | (47 %) | 30 % | 1874 % | (100 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 2 % | 2 % | 6 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (13 %) | 2 % | 1 % | (25 %) | 11 % | - | 5 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Restore.eu is a company focused on providing comprehensive energy solutions to businesses and the public sector, aimed at ensuring energy continuity, reducing costs, and promoting sustainability. Operating in the energy management market, Restore.eu serves a diverse clientele, including public sector entities and private businesses with combined heat, power, and cooling requirements. The business model revolves around offering tailored energy strategies that help clients manage energy costs, meet sustainability targets, and improve operational efficiency. Revenue is generated through a combination of consultancy services, energy management solutions, and demand-side response programs, which enable clients to optimize their energy usage and turn energy from a cost into a revenue stream. Restore.eu's approach is centered on unlocking the power of distributed energy to tackle significant challenges responsibly, contributing to a lower carbon future.
Keywords: energy solutions, business resilience, sustainability, cost optimization, public sector, energy management, demand-side response, distributed energy, carbon reduction, consultancy services.