Blue Pearl Energy integrates Calordom, the Spanish heating and biomass specialist, to its European platform23 Jan 2023
This is Blue Pearl Energy’s first partnership in Spain, a key country where the company expects strong growth over the next few years.
Blue Pearl Energy, an innovative European energy services platform, announced today the integration of the Spanish company Calordom into its network of expert SMEs. Based in Madrid, Calordom is specialized in central heating energy services.
Founded in 1999 by Juan Manuel Cabello, Calordom has carved out a solid leadership position in the heating sector over the last two decades, with a special focus on biomass systems for communities of owners, mainly in the community of Madrid.
Calordom offers a wide variety of services, including heating systems engineering, procurement and construction, boiler installation and maintenance services, as well as fuel supply. The company is also proposing long term energy contracts (5 to 25 years) to finance, install, operate and supply heating facilities for its customers. In 2015, Calordom launched Smart Home Energy, to offer its customers consumption control and energy efficiency services.
Its R§D department has promoted the development of patents, both for burners and boilers specialized in biomass. Calordom also offers fuel alternatives with a steady supply of olive stone, peach, avocado, almond shell and pistachio. In the current European energy context, biomass has become a very competitive option as a heating fuel as it is sustainable due to its low price and stock availability.
“Throughout its long history, Calordom has thrived thanks to its relentless focus on quality and its ability to rapidly adapt to changing market conditions to seize opportunities as they occur. We are now ready to enter the next stage of our development and accelerate our company’s growth. With the support of Blue Pearl, we are confident that we can capture an increasing share of the booming biomass energy market.”, said Juan Manuel Cabello, Founder & CEO of Calordom.
Calordom will benefit from as the Blue Pearl advantage whilst continuing to operate with a preserved culture of entrepreneurship and retaining the values of proximity, agility and customer service that made its success. With the support of Blue Pearl, Calordom will be able to accelerate its growth in the financing of new biomass heating systems for its clients through long term energy services contract, and to expand its business in new customer segments such as hospitality, health and industry.
With this new partnership, Blue Pearl Energy marks its entery into the Spanish market, making it the third country where it is actively working, after France and Belgium. “We are very proud to welcome Calordom into our network. They have an interesting combination of energy sales, EPC and maintenance capabilities, which makes them very attractive in an increasingly competitive market place. This strategic partnership enables us to secure access to the Spanish energy services market with a strong expertise in the community of owners segment, a leadership position in the biomass market , and an asset-based business ideally suited to be combined with our Energy Performance Contract offering. With the role of biomass expected to rapidly grow throughout Europe, this new partnership opens up a world of new opportunities.”, commented Eric de Seguins Pazzis, CEO of Blue Pearl Energy.
Blue Pearl Energy’s platform provides a reliable alternative to the large energy services providers that dominate the market. The platform brings together complimentary SMEs specializing in different areas of energy services for the private and public sector and leverage their synergies to offer complete energy efficiency solutions for buildings and industrial sites, primarily in the fields of HVAC, onsite renewable energy generation, cogeneration and energy management.
Blue Pearl Energy is still actively seeking other quality SMEs to partner with in Spain. “We trust that our model will enjoy the same sucess as it did in France and Belgium, where it created a strong appeal among energy services SMEs seeking to scale up without renouncing to their company’s autonomy.” , explained Eric de Seguins Pazzis.
Since 2020, Blue Pearl Energy has been rolling out a 600 million euros investment plan to grow its platform, with a view of integrating about thirthy SMEs to its European network by 2025.
Jonathan Collings | Alesia Communications
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ABOUT BLUE PEARL ENERGY
Blue Pearl Energy was founded in early 2020 by a group of experienced executives in the energy services sector, with the aim of developing a European platform for B2B energy services. The Blue Pearl Energy platform is independent and supports the development of SMEs with complimentary skill sets, in order to offer its customers energy efficiency solutions that are comprehensive, competitive, reliable and long-term, thereby enabling them to rise to the challenges of the global energy transition. Supported by the 3rd infrastructure fund from DWS, one of the biggest asset management firms in the world, Blue Pearl Energy plans to invest €600 million to complete some twenty acquisitions over the course of the next five years.
Founded in 1999, Calordom is specialized in Energy Services primarily for communities of owners with central heating but also for tertiary and industrial sectors. The company, based in Madrid, employs more than 100 people. Calordom is working with Tier 1 communities of owners in Madrid and has developed a wide variety of services, including supply of fuel for boilers (coal, diesel, gas, biomass), boiler maintenance, boiler installation, third party financing contracts for boilers.Back to news