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Wondrwall Group (t/a Wondrwall) secures £100 million investment from InfraRed Capital Partners



Wondrwall Group (t/a Wondrwall) secures £100 million investment from InfraRed Capital Partners

  • The partnership supports Wondrwall’s ambition to unlock an initial investment programme of over £100m
  • Investment underscores the private sector opportunity to position the UK as a world leader in creating net-zero energy homes
  • AI-powered, home energy management system with the potential to generate negative energy bills that is currently being trialled by half of the UK’s top national housebuilders
  • CEO Daniel Burton, says, “Our solution reduces carbon to protect the climate, and reduces energy bills to protect the consumer”
  • Investment will aid the accelerated delivery of intelligent new build homes that exceed Future Homes Standard at comparable build costs to gas-heated homes

Wondrwall Group (“Wondrwall“), a pioneer in intelligent technology for net-zero energy homes today announces that InfraRed Capital Partners (“InfraRed”), an international infrastructure investment manager with a portfolio of around $14bn equity under management, have agreed to partner with Wondrwall to supercharge the company’s growth within the new build housing market. The partnership supports Wondrwall’s ambition to unlock an initial investment programme of over £100m.

InfraRed’s investment demonstrates the potential of Wondrwall’s technology to support the UK’s journey to net zero by 2050 by providing the funds to unlock Wondrwall’s potential to expand its footprint to over 100,000 net-zero energy homes, both in the UK and on the global stage.

Launched in 2018, Wondrwall’s technology represents a leap forward from conventional smart homes. Wondrwall offers a fully-integrated, artificial intelligence-powered, home energy management system (“HEMS”), capable of adapting to homeowners’ living habits, energy consumption, the thermal performance of the home, and external factors like weather forecasts, geo-location and time-of-use tariffs. This innovative approach combines sensory technology with gas-free heating, hot water, solar energy generation, battery storage, EV charging and cloud-based, machine learning.

As well as actioning energy-saving measures around the clock, Wondrwall’s HEMS also identifies the optimum time to buy energy from, and sell energy back, to the grid for an overall net-zero energy home aim and the potential to deliver negative energy bills. Notably, Wondrwall enables UK housebuilders to exceed current Future Homes Standard requirements at a comparable build cost to gas-heated homes.

Currently being trialled by many of the UK’s leading national housebuilders, the technology is reshaping the landscape of sustainable home construction.

Daniel Burton, CEO and founder of the Wondrwall Group, comments: “This is a landmark moment for Wondrwall and will help us to accelerate towards our ambition of making intelligent net zero living accessible to all.  InfraRed is an exceptional partner for Wondrwall and the investment underlines the importance of our technology in helping to reduce energy consumption of homes and help the UK in transition to net-zero.

“Put simply, Wondrwall creates the most intelligent homes in Britain. By harmonising energy generation, storage, and demand, our solution reduces carbon to protect the climate and reduces energy bills to protect the consumer.

“With pledges being made to deliver 1.5 million new homes in the UK over the next 5 years, if just half were installed with Wondrwall technology, the carbon saving would be the equivalent of more than 14 million trees with the potential to absorb 321 million kilograms of CO2 per year.

“This investment marks a significant milestone for Wondrwall, facilitating rapid upscaling to meet the evolving needs of housebuilders on their ESG journey and homeowners grappling with escalating energy costs. Wondrwall is uniquely positioned to manage energy consumption, supporting grid decarbonisation, reducing energy bills, and maintaining current build costs.”

Stephane Kofman, Partner, Head of Capital Gain Funds at InfraRed, says: “Wondrwall is a company that stands at the forefront of the energy transition. This partnership demonstrates our ongoing commitment to invest in infrastructure solutions that both support sustainable futures and address the current cost of living crisis.”

About Wondrwall Group:

Wondrwall Group is a leading provider of intelligent energy technology, dedicated to creating carbon-free homes through innovative solutions. Launched in 2018, the company has rapidly evolved to redefine the landscape of sustainable home construction, with a mission to make intelligent carbon-free living accessible to all. By providing home intelligence to harmonise supply, storage, generation, and control of energy, it provides an overall net zero aim and the potential to deliver negative energy bills.

About InfraRed Capital Partners:

InfraRed Capital Partners is an international infrastructure investment manager, with more than 180 professionals operating worldwide from offices in London, New York, Sydney and Seoul. Over the past 25 years, InfraRed has established itself as a highly successful developer and custodian of infrastructure assets that play a vital role in supporting communities. InfraRed manages c. US$14bn of equity capital1 for investors around the globe, in listed and private funds across both income and capital gain strategies.

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