Kyotherm
- Company typePrivate
- Founded2011
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
Kyotherm firmographics
Firmographics- Name
- Kyotherm
- Legal name
- KYOTHERM
- Website
- https://kyotherm.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Kyotherm industry classification
Industry- Product category
- Renewable Energy Project Financing
- NAICS
- Other Financial Vehicles (525990), Management of Companies and Enterprises (55111)
- SIC
- Finance Services (6199), Finance Lessors (6172)
- akta.pro primary industry
- Microgrid & BTM EMS (Site/Facility Energy Optimization) (EUAFAKAD)
Keywords
Where Kyotherm is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Kyotherm business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Energy Savings-as-a-Service (EaaS): Kyotherm finances and owns the energy infrastructure and charges clients through energy savings contracts, typically 10 years in duration. Clients benefit from decarbonization without bearing the capital cost or operational risk. Revenue is generated through long-term contractual energy savings payments, effectively an outcome-based recurring revenue stream.
- Project Equity Investment: Kyotherm invests equity in renewable heat and efficiency projects, co-developing and co-financing them alongside technical partners. Returns are generated from ownership stakes in operating assets that produce renewable heat and energy savings.
- Debt Financing for Third Parties: Kyotherm structures and mobilizes bank financing and senior debt for project portfolios, earning arrangement fees and ongoing financing margins.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Energy Savings-as-a-Service (EaaS) - bespoke long-term performance contracts |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Kyotherm product offering
Product offeringCore offering
Kyotherm is a private investment company that provides third-party financing for renewable heat and energy efficiency projects. It invests equity, structures bank debt, and mobilizes subsidies to fund decarbonization projects for industrial and commercial clients under an Energy-as-a-Service (EaaS) model, covering investments from €1M to €300M. Clients decarbonize their operations without upfront capital expenditure while Kyotherm retains ownership of the assets and is repaid through long-term energy savings contracts.
Product overview
Kyotherm is an investment platform dedicated to financing renewable heat and energy efficiency projects, not a traditional software product company. Its core offering is the Energy-as-a-Service (EaaS) model, providing zero-CAPEX turnkey financing solutions for industrial and commercial decarbonization. The company operates across five technology verticals: Biomass & Waste-to-Energy, Geothermal Energy, Solar Thermal, Energy Efficiency & Waste Heat Recovery, and Heat Electrification & Flexibility. Additional specialized offerings include the Energy Savings-as-a-Service portfolio financing for efficiency projects, Heat-as-a-Service partnerships with technology providers like Kyoto Group for thermal storage, and co-development agreements such as the Arcturus steam-generating heat pump financing with Skyven Technologies. Kyotherm structures and finances projects for clients across Europe and North America, covering investments from 1 to 300 million euros.
Differentiator
Problem solved
Functional benefit
Products and services
- Energy-as-a-Service (EaaS) A zero-CAPEX, turnkey decarbonization financing solution for industrial and commercial end-users. Kyotherm covers full investment cost and operational risk while clients pay via contractual energy savings, enabling decarbonization without capital outlay.
- Renewable Heat Project Financing Equity investment, co-development, and bank-debt structuring for renewable heat and energy efficiency projects across Europe and North America, sized from €1M to €300M in total investment.
- Energy Savings-as-a-Service Industrial Portfolio Performance-based financing of energy efficiency measures (waste heat recovery, LED lighting, variable speed drives, thermal insulation, and energy management systems) for industrial clients across multiple sectors.
- Heat-as-a-Service (HaaS) with Thermal Storage Kyotherm, as majority investor, finances Kyoto Group Heatcube thermal energy storage installations under 15-year Heat-as-a-Service contracts, supplying industrial customers with emission-free process heat and grid flexibility.
- Arcturus Industrial Heat Pump Co-Development Financing Exclusive private capital partner financing for Skyven Technologies' Arcturus steam-generating industrial heat pump deployments in the United States, covering both development and construction capital on a milestone basis.
Quantifiable outcome
- Kyotherm financed and owns 414 MW of consolidated renewable heat and energy efficiency capacity across 83 projects in 16 countries as of April 2026.
- +4 more outcomes
Companies that use Kyotherm
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
Kyotherm technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Kyotherm partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core, major and minor.
- Kyoto GroupcoreKyoto Group is Kyotherm's technology partner for the Heatcube thermal energy storage system. Kyotherm is the majority investor in the Heatcube projects, with Kyoto Group providing the technology. The partnership operates under Heat-as-a-Service contracts via single-purpose vehicles. Kyotherm invested in Kyoto Group's second European Heatcube at KALL Ingredients in Hungary (56 MWh, the world's largest industrial thermal energy storage system).
- EnergiabörzemajorEnergiabörze is Kyotherm's energy trading partner and minority investor in the Heatcube project at KALL Ingredients in Hungary. Energiabörze is a Hungarian aggregator and energy trading company that developed and owns its own production control and trading solution, supporting integration of renewables into the Hungarian electricity system via aFRR regulation.
- CoolPlanet GroupmajorCoolPlanet Group is Kyotherm's builder, operator, and shareholder for biodiesel generator projects in Ireland and Northern Ireland. CoolPlanet managed the construction of Kyotherm's 20 MW biodiesel generator in Northern Ireland and handles operation and maintenance throughout the asset lifecycle. PowerHouse, a CoolPlanet affiliate, serves as the aggregator for these grid services projects. The partnership includes multiple biodiesel generator projects totaling 6.4 MW in the Republic of Ireland and 20 MW in Northern Ireland.
- Skyven TechnologiesmajorKyotherm and Skyven Technologies entered a $70 million co-development and project finance agreement in January 2025 to accelerate the deployment of Skyven's Arcturus steam-generating heat pump technology across US industrial facilities. Kyotherm is Skyven's exclusive private capital partner for these projects, providing both development and construction capital under a milestone-based structure. This extends an existing partnership initiated in 2021 that produced six successful decarbonization projects at California Dairies, Inc.
- Gowling (legal counsel)minorGowling served as legal counsel for Kyotherm on the €17M senior debt financing transaction with Crédit Agricole Transitions & Énergies.
- Walden Avocats (legal counsel)minorWalden Avocats served as legal counsel for Kyotherm on the €17M senior debt financing transaction with Crédit Agricole Transitions & Énergies.
- Ginger Burgeap (technical counsel)minorGinger Burgeap served as technical counsel for Kyotherm on the €17M senior debt financing transaction.
- ECA - Expertise et Contrôle d'Assurances (insurance counsel)minorECA - Expertise et Contrôle d'Assurances served as insurance counsel for Kyotherm on the €17M senior debt financing transaction.
- CSIN (Solatom / Simetria joint venture)majorCSIN, a joint venture between solar technology provider Solatom and public works group Simetria, developed and constructed the largest linear Fresnel solar thermal plant in the world at Heineken's Valencia brewery, with Kyotherm providing the complete project financing. The 4 MWth plant delivers at least 3,500 MWh of solar steam annually.
- Perpetuum Energy PartnersmajorKyotherm signed an investment protocol with Perpetuum Energy Partners in November 2019 to finance deep geothermal infrastructure projects in Europe over the period 2019–2025. Perpetuum Energy Partners develops, owns, and operates geothermal doublets in The Hague region of the Netherlands. Kyotherm's financing supports Perpetuum's geothermal projects including Haagse Aardwarmte Leyweg, which will supply ~20 GWh/year of thermal energy to The Hague's district heating network.
- Schneider ElectricmajorSchneider Electric is Kyotherm's long-standing technical partner for energy management and automation in waste heat recovery and energy efficiency projects. Schneider Electric provided engineering, construction, and automation for the ArcelorMittal Saint-Chély-d'Apcher waste heat recovery project, and partnered on the ArcelorMittal-Schneider-Kyotherm district heating network initiative.
- Engie RéseauxmajorEngie Réseaux designed and constructed the geothermal plant and 26-km district heating network for Kyotherm's Villages Nature project in Marne-la-Vallée, France, which supplies 20 MW of geothermal heat power.
- AgroNergyminorAgroNergy designed and constructed the biomass boiler house and heating network for Kyotherm's Ecole des Roches project in Verneuil-sur-Avre, France. Kyotherm holds an 85% stake in the dedicated subsidiary alongside AgroNergy.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Kyotherm competitors and assessment
Company assessmentDirect peers
- SDCL (Sustainable Development Capital LLP): London-based specialist financier of energy efficiency and on-site industrial energy projects. Highly comparable to Kyotherm — both invest equity and structure debt into operational efficiency and renewable heat assets across Europe; Kyotherm even acquired a 155 MW operational portfolio from SDCL's listed trust in April 2026.
- SUSI Partners: Swiss investment manager dedicated to the energy transition, operating infrastructure funds investing in renewable energy, energy efficiency, and flexibility assets across Europe. Closely comparable to Kyotherm in mandate, investor base, and target asset types.
- ClearGen: US-based financial platform that invests equity and arranges debt for distributed-scale energy efficiency and decarbonization projects behind-the-meter. Comparable business model to Kyotherm's EaaS financing approach but with a US-centric focus.
- Foresight Group: UK-listed fund manager with significant infrastructure and energy transition strategies investing in renewable energy, battery storage, and energy efficiency across the UK and Europe. Comparable to Kyotherm in mandate breadth and European footprint.
- Quinbrook Infrastructure Partners: US/UK-based specialist infrastructure investor focused on the energy transition, including renewables, storage, and industrial decarbonization. Comparable to Kyotherm in deploying equity and structured debt into operational decarbonization assets.
Regional players
- Metrus Energy: US-focused Energy-as-a-Service financier that funds energy and efficiency upgrades for industrial and commercial clients with no upfront capital. Directly comparable EaaS model to Kyotherm, but its geographic focus is North America whereas Kyotherm's is Europe.
Broad incumbents
- Macquarie Asset Management (Green Investment Group): One of the world's largest infrastructure investors, with a dedicated green investment platform covering renewables, energy efficiency, and industrial decarbonization. Comparable to Kyotherm at the high end of project size and capital mobilization, but operating at vastly broader scale.
- ENGIE: Global utility with deep involvement in district heating, biomass, geothermal, and energy services across Europe. Overlapping with Kyotherm on the district heating network side (e.g. Engie Réseaux built Kyotherm's Villages Nature geothermal project) but operating as a broad utility rather than a specialist financier.
- Schroders Greencoat: Major renewable infrastructure manager (formerly Greencoat Capital) investing in operating wind, solar, and energy transition assets across Europe. Comparable asset-financing model to Kyotherm but focused on power generation rather than industrial heat.
- Veolia: Global environmental services group with significant district heating networks and industrial energy services across Europe. Comparable to Kyotherm in district heating and biomass operations but as a much broader utility/services platform rather than a specialist financier.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Kyotherm social profiles
Digital presenceKyotherm financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kyotherm leadership team
Management profileNumber of profiles
Profiles4 records
Kyotherm subsidiaries and ownership
Company hierarchySubsidiaries3 records
Kyotherm funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kyotherm M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kyotherm
What does Kyotherm do?
Kyotherm is a private investment company that provides third-party financing for renewable heat and energy efficiency projects. It invests equity, structures bank debt, and mobilizes subsidies to fund decarbonization projects for industrial and commercial clients under an Energy-as-a-Service (EaaS) model, covering investments from €1M to €300M. Clients decarbonize their operations without upfront capital expenditure while Kyotherm retains ownership of the assets and is repaid through long-term energy savings contracts.
Is Kyotherm a public or private company?
Kyotherm is a private company. It is classified as private equity controlled and is currently operating.
When was Kyotherm founded?
Kyotherm was founded in 2011. It employs 11 to 50 people.
Where is Kyotherm based?
Kyotherm is headquartered in Paris, France, in the Europe region.
How does Kyotherm make money?
Three revenue lines are on record. Energy Savings-as-a-Service (EaaS) is the primary driver. The others are project Equity Investment and debt Financing for Third Parties.
Who are Kyotherm's main competitors?
Direct peers on record are SDCL (Sustainable Development Capital LLP), SUSI Partners, ClearGen, Foresight Group and Quinbrook Infrastructure Partners. Metrus Energy is listed as a regional player. Broad incumbents are Macquarie Asset Management (Green Investment Group), ENGIE, Schroders Greencoat and Veolia.
Does Kyotherm have an API?
No public API is recorded for Kyotherm.
What industry is Kyotherm in?
Kyotherm's product category is Renewable Energy Project Financing. Its primary akta.pro industry code is EUAFAKAD, Microgrid & BTM EMS (Site/Facility Energy Optimization). Its NAICS code is 525990 and its SIC code is 6199.