DNE Resources
DNE Resources is a Canadian energy management and brokerage firm serving 9,000+ industrial and commercial customers across deregulated markets in Canada and the US through dedicated energy consultants and a network of 30+ suppliers. Acquired by AppDirect in June 2025.
- Company typePrivate
- Founded2009
- HeadquartersMontreal, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What DNE Resources does
DNE Resources is a Canadian energy management consulting and brokerage firm headquartered in Montréal, founded in 2009 by Wayne Burke and Steve Shoiry. The company serves industrial and commercial customers across all deregulated energy markets in Canada and the United States, operating across 9,000 customers and 27,000+ sites with CAD 260M in energy spending under management as of 2025. Its core offering is structured around three service pillars — Procurement (Spend Less), Efficiency (Use Less), and Sustainability (Harm Less) — delivered by dedicated energy consultants who design custom procurement programs including block energy, load-following, and fixed/variable rate contracts. The company has since broadened its catalog to include Communication Services (connectivity, collaboration, mobility) and SaaS Services (productivity, security, data protection).
DNE's technology foundation is a broker-platform model rather than a proprietary software product: the firm aggregates demand across its customer base and negotiates against a network of 30+ energy suppliers, earning finder's fees on contracted volume. Services are free to end clients, which removes a primary sales friction and supports a consultant-led, partnership-channel go-to-market. Distribution is augmented by preferred-rate partnerships with the Mechanical Contractors Association of Alberta (MCA Alberta, 2024) and the Electrical Contractors Association of Alberta (ECAA, 2024), providing embedded access to mid-market trade networks.
The company was acquired by AppDirect, a San Francisco-based B2B subscription commerce platform, in June 2025. The acquisition was supported by a CAD 100 million credit facility from La Caisse (formerly CDPQ). Post-acquisition, DNE continues to operate as a distinct brand alongside Broker Online Exchange (BOX), with stated intent to expand its solution set across the broader AppDirect procurement marketplace — a transition that repositions DNE from a standalone Canadian energy broker toward a node in a global B2B services aggregator.
DNE Resources firmographics
Firmographics- Name
- DNE Resources
- Legal name
- DNE Resources
- Website
- https://dneresources.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- DNE Resources is a Canadian energy management and brokerage firm serving 9,000+ industrial and commercial customers across deregulated markets in Canada and the US through dedicated energy consultants and a network of 30+ suppliers. Acquired by AppDirect in June 2025.
- Ownership category
- akta.pro rank
Where DNE Resources is headquartered
LocationHeadquarters
- HQ city
- Montreal
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
DNE Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Energy Supplier Commissions (Finder's Fees): DNE consultants are compensated through finder's fees paid by energy suppliers. This model allows DNE to offer services free of charge to clients, as the energy suppliers pay commissions based on contracted energy volume. Consultants are salaried and receive commissions from suppliers, with no additional cost to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Free energy consulting services for clients |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
DNE Resources product offering
Product offeringCore offering
DNE Resources is an energy management firm and broker that helps industrial and commercial customers take charge of their energy spending across all deregulated markets in Canada and the United States. The company offers turnkey solutions organized around three pillars — Procurement (Spend Less), Efficiency (Use Less), and Sustainability (Harm Less) — and leverages a network of 30+ energy suppliers to negotiate competitive rates and customized energy programs. Services are provided free of charge to clients; DNE is compensated through finder's fees paid by energy suppliers.
Product overview
DNE Resources offers a unified energy management platform with three core service pillars: Procurement (Spend Less), Efficiency (Use Less), and Sustainability (Harm Less). The platform operates as a turnkey energy broker solution for industrial and commercial customers in deregulated markets across Canada and the United States. Additional offerings include Communication Services (connectivity, collaboration, mobility, and management) and SaaS Services (productivity, security, and collaboration platforms). The company leverages relationships with 30+ energy suppliers to negotiate competitive rates and provide tailored energy programs including block energy programs, load-following programs, and fixed/variable rate contracts. Following its acquisition by AppDirect in June 2025, the platform gained access to the BOX My Service Cloud platform and AppDirect's broader technology marketplace.
Differentiator
Problem solved
Functional benefit
Products and services
- Energy Management Services Turnkey energy management solution for industrial and commercial customers in deregulated markets across Canada and the United States. Delivered through dedicated energy consultants who handle needs analysis, supplier negotiation, procurement planning, and ongoing portfolio management.
- Procurement (Spend Less) Energy procurement service that helps businesses secure competitive electricity and natural gas rates through DNE's network of 30+ suppliers, including custom block energy programs, load-following programs, and fixed/variable rate contracts.
- Efficiency (Use Less) Energy efficiency solutions providing analysis and recommendations on how organizations use energy, helping industrial and commercial customers reduce consumption and improve operational efficiency.
- Sustainability (Harm Less) Sustainability and carbon neutrality solutions helping businesses reduce environmental impact through renewable energy options and carbon credits, supporting ESG and sustainability goals.
- Communication Services Unified connectivity, collaboration, mobility, and management solutions for business organizations seeking to streamline communications infrastructure alongside their energy services.
- SaaS Services Productivity, security, data protection, and collaboration software solutions distributed through leading SaaS platforms, offered to DNE's business clients.
Quantifiable outcome
- 55% reduction in electricity supply costs vs. market (Euroshield case study)
- +4 more outcomes
Companies that use DNE Resources
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
DNE Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DNE Resources partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and secondary.
- AppDirectcoreAppDirect, a leading B2B subscription commerce platform, acquired DNE Resources in June 2025. The acquisition aims to expand AppDirect's presence in Canada's energy market and integrate DNE's services into its platform for enhanced digital energy management. AppDirect is headquartered in San Francisco and serves over 1,000 providers, 10,000 advisors, and 5 million subscribers globally. DNE and BOX will remain as distinct brands in the energy market.
- Electrical Contractors Association of Alberta (ECAA)secondaryECAA, representing electrical contractors in Alberta since 1962, partnered with DNE to enable members to benefit from preferred rates for electricity and natural gas. DNE provides personalized services with each member assigned a dedicated energy consultant, and can address sustainability goals through renewable energy and carbon credits.
- Mechanical Contractors Association of Alberta (MCA Alberta)secondaryMCA Alberta, representing mechanical contractors, plumbing, pipe trades and suppliers, entered a partnership with DNE to provide members with preferred energy rates and personalized energy consultant services. DNE's team provides highly personalized services to MCA Alberta's clients, helping them find best possible prices and control energy consumption while meeting sustainability goals.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
DNE Resources competitors and assessment
Company assessmentDirect peers
- Just Energy: Just Energy is a North American retail energy provider and broker serving residential and commercial customers with competitive electricity and natural gas supply contracts. It directly competes with DNE in commercial energy procurement, sharing the same supplier-commission revenue model and deregulated-market focus.
- Direct Energy: Direct Energy is one of North America's largest retail energy providers, offering electricity and gas supply along with energy management services to residential and commercial customers. It competes with DNE across commercial energy procurement and home/business energy solutions in overlapping deregulated markets.
- Hudson Energy: Hudson Energy is a commercial and industrial electricity and natural gas supplier/broker in North America, serving multi-site customers with custom energy programs. It directly mirrors DNE's supplier-agnostic, multi-site commercial procurement model.
- Centrica Business Solutions: Centrica Business Solutions provides energy procurement, energy management, and distributed energy services to commercial and industrial customers across North America and Europe. It competes head-to-head with DNE on multi-site commercial energy procurement and efficiency programs.
- Twin Eagle Resource Management: Twin Eagle Resource Management is an energy commodity management and brokerage firm serving commercial and industrial buyers of electricity and natural gas. It competes directly with DNE in commercial energy procurement and supplier negotiation services.
Broad incumbents
- Constellation Energy: Constellation Energy is a major US-based energy supplier and operator with commercial energy management offerings for large C&I customers. It overlaps with DNE on procurement and efficiency services but operates as a broader incumbent across generation, supply, and energy solutions.
- ENGIE Impact: ENGIE Impact (part of ENGIE Group) delivers energy management, sustainability, and decarbonization advisory services to enterprises globally. It competes with DNE's 'Spend Less / Use Less / Harm Less' offering but as part of a much larger global energy and utilities portfolio.
- Schneider Electric: Schneider Electric offers enterprise energy management software (EcoStruxure) and sustainability/energy consulting as part of a much broader industrial automation and electrical equipment portfolio. It overlaps with DNE's efficiency and sustainability advisory but at much larger scale.
Emerging players
- EnergyCAP: EnergyCAP is a SaaS energy management and sustainability platform that helps organizations track utility bills, benchmark facilities, and report on carbon. It is an adjacent/emerging player to DNE's 'Use Less' and 'Harm Less' services and increasingly overlaps with broker-side procurement workflows.
- BKV Energy: BKV Energy is a retail electricity provider and broker focused on serving residential and small commercial customers in deregulated US markets. It overlaps with DNE on the retail energy brokerage model but at a smaller, more consumer-tilted scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
DNE Resources social profiles
Digital presenceDNE Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
DNE Resources leadership team
Management profileNumber of profiles
Profiles3 records
DNE Resources funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DNE Resources 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 DNE Resources
What does DNE Resources do?
DNE Resources is an energy management firm and broker that helps industrial and commercial customers take charge of their energy spending across all deregulated markets in Canada and the United States. The company offers turnkey solutions organized around three pillars — Procurement (Spend Less), Efficiency (Use Less), and Sustainability (Harm Less) — and leverages a network of 30+ energy suppliers to negotiate competitive rates and customized energy programs. Services are provided free of charge to clients; DNE is compensated through finder's fees paid by energy suppliers.
Is DNE Resources a public or private company?
DNE Resources is a private company. It is classified as corporate owned and is currently acquired.
When was DNE Resources founded?
DNE Resources was founded in 2009. It employs 101 to 250 people.
Where is DNE Resources based?
DNE Resources is headquartered in Montreal, Canada, in the North America region.
How does DNE Resources make money?
One revenue line is on record: energy Supplier Commissions (Finder's Fees).
Who are DNE Resources's main competitors?
Direct peers on record are Just Energy, Direct Energy, Hudson Energy, Centrica Business Solutions and Twin Eagle Resource Management. Broad incumbents are Constellation Energy, ENGIE Impact and Schneider Electric. Emerging players are EnergyCAP and BKV Energy.
Does DNE Resources have an API?
No public API is recorded for DNE Resources.