Centrica Business Solutions (formerly REstore)

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. Learn more

Launch date
Market cap
-
Enterprise valuation
€28—42m (Dealroom.co estimates May 2015.)
Company register number 0633.663.980
Windsor England (HQ), Antwerp Province of Antwerp (founding location)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues2.7m6.4m2.9m1.6m2.0m39.9m<1m
% growth-133 %(54 %)(47 %)30 %1874 %(100 %)
EBITDA<1m<1m<1m<1m<1m--
% EBITDA margin--2 %2 %6 %--
Profit(<1m)<1m<1m(<1m)<1m<1m<1m
% profit margin(13 %)2 %1 %(25 %)11 %-5 %
  • Edit
DateInvestorsAmountRound

€3.3m

Seed

€7.0m

Late VC
*

€70.0m

Acquisition
Total Funding€10.3m

Recent News about Centrica Business Solutions (formerly REstore)

Edit
More about Centrica Business Solutions (formerly REstore)info icon
Edit

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.