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The Markets
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Real Estate

Tribe Property Technologies partners with EnerSavings Solutions to offer custom energy-saving solutions in Canada

Tribe Property Technologies Inc. (TSX-V:TRBE) said it has partnered with EnerSavings Solutions Inc to offer custom energy-saving solutions such as electric vehicle (EV) charging stations, HVAC (heating, ventilation and air conditioning) Solutions and LED lighting to Tribe buildings across Canada.

"In our current landscape energy savings are vital to help conserve the environment, stabilize electricity prices, and keep a tab on rising utility bills,” said Tribe CEO Joseph Nakhla in a statement. “Our partnership with EnerSavings is a step towards cleaner and more energy-efficient communities."

"Being mindful of GHG Emissions and sustainability is arguably the best opportunity to reduce global energy consumption and we at Tribe really see the value for our communities, of implementing energy-saving solutions," he added.

READ: Tribe Property Technologies agrees to acquire portfolio of strata property management assets from Warrington PCI Management

"We are very excited to partner with Tribe and look forward to adding value to their communities by future-proofing them to substantially increase the value of the building asset," said Kevin Lisso, chief executive and co-founder of EnerSavings.

"Energy-sufficient buildings are vital for our future, and I'm positive this partnership will benefit Tribe communities."

EnerSavings is a seasoned expert in energy management and sustainability, with tailored energy management solutions that reduce water, electricity and natural gas costs.

The company's turn-key energy-saving solutions include lighting, EV Charging, HVAC & water solutions that immediately help reduce operating expenses and GHG Emissions.

EnerSavings has recently expanded to offering a Live Energy Metering Program to guarantee savings for majority of their solutions.

It also provides complementary building-specific energy assessments leading to customized solutions for buildings.

Tribe is a property technology company that is digitizing the traditional property management industry. Its integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers. Tribe's business is composed of three revenue pillars: software and services (recurring licensing and management fees), transactional (rent or condo fees, banking services, lease-ups), and digital services and partnerships (smart building products, financial and insurance service).

Contact the author at jon.hopkins@proactiveinvestors.com

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