What Energy Tracking does

Energy Tracking is a Santiago, Chile-based ESCO (Energy Services Company) founded in 2007 that designs, installs, and operates energy efficiency solutions for HVAC and domestic hot water systems in commercial, institutional, and residential buildings. Its core technology is the proprietary CTUe (Centrales Térmicas Ultra Eficientes) product family, available in gas, full-electric, hybrid, low-cost, and modular (containerized) variants, supported by two internally developed and registered technologies: Heatguard, a real-time automation and control system for thermal central equipment (developed 2008, Avonni Award 2012), and CTR (Calentamiento en Tiempo Real), a hydraulic system that enables instantaneous domestic hot water generation by replacing storage accumulators (developed 2009). Together these systems are claimed to deliver 30-60% energy consumption savings and 30-85% carbon footprint reduction versus traditional thermal plants.

The company operates three revenue streams. The primary model is performance-based ESCO contracts, under which Energy Tracking absorbs technical and financial risk and guarantees savings to the client; it has executed more than 90 such contracts and over 300 projects in total, making it the largest ESCO by contract count in Chile. Secondary streams include direct sale and installation of CTUe systems (with engineering, assembly, and after-sales support) and professional services spanning HVAC engineering, ASHRAE-based energy audits, cogeneration implementation (as exclusive Chilean and South American representative of Sokratherm), and IPMVP-compliant measurement and verification. The company is currently active in all 16 regions of Chile and indicates market presence in Brazil, Peru, Argentina, and Colombia.

Customer concentration is anchored in three verticals: hospitals and healthcare facilities (Hospital de Castro, Hospital Barros Luco, Hospital San José, Clínica Alemana de Osorno, Hospital UC Christus), hotels and hospitality (Mandarín Oriental, Holiday INN, Renaissance, Hotel Director), and real estate developers and residential buildings (Edificio Plaza El Llano, Edificio Barrio Nobel, Edificio FLOW, among others). Go-to-market is direct enterprise field sales with no channel intermediaries, supplemented by content marketing via the company website, LinkedIn, and YouTube. Awards include the Avonni (2012) and Premio Enel X (March 2025), and Heatguard holds two LEED credits accredited by IDIEM and GBC Chile.

Name

Energy Tracking

Legal name

Energy Tracking

Website

https://energy-tracking.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Energy Tracking is a Chilean ESCO founded in 2007 that delivers HVAC energy efficiency solutions to hospitals, hotels, and real estate developers across all 16 regions of Chile via its proprietary CTUe thermal systems, Heatguard automation, and performance-based ESCO contracts.

Ownership category

akta.pro rank

Product category

HVAC Energy Efficiency Services

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Cogeneration Services & Small Power Producers (4991), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Energy Management & Monitoring (Submetering, Dashboards, Analytics) (BPABAGAD)

akta.pro secondary industries

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Industrial Heat Pumps & Mechanical Vapor Recompression (Low–Mid Temp Heat) (EUABAJAB), Expansion Tank, Circulator Pump & Zone Valve Service (HSAOACAG)

Keywords

• HVAC energy efficiency
• Thermal central systems
• Energy performance contracts
• Building energy retrofit
• Cogeneration systems

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. ESCO Contracts (Energy Performance Contracts): Performance-based energy service contracts where Energy Tracking transfers technical and financial risks to itself while guaranteeing energy savings to clients. The company has developed more than 90 projects under this model. Clients receive guaranteed energy and economic savings over the long term, while Energy Tracking achieves a rapid return on investment.
2. CTUe Product Sales and Installation: Sale and installation of Centrales Térmicas Ultra Eficientes (CTUe) systems including gas, hybrid, full-electric, low-cost, and modular variants. Services include design, assembly, and after-sales support.
3. HVAC Engineering and Consulting: HVAC engineering and consulting services including thermal calculations and modeling based on BIM platform, predictive modeling, energy analysis, thermal demand reduction studies, and certification support for national CES/CVS/CEV and international LEED certifications.
4. Energy Audits: Energy audits based on ASHRAE standards for existing commercial and industrial buildings. Different audit levels seeking measurable and verifiable savings standardized to IPMVP protocol, with high-impact investments having CAPEX returns under 5 years.
5. Cogeneration Systems: Cogeneration technology representation and implementation for simultaneous generation of mechanical (electricity) and thermal (useful heat) energy from single fuel. Represents Sokratherm brand for Chile and South America.
6. Measurement and Verification Services: Energy consumption measurement and monitoring with application of calculation methodologies to determine effective savings from implementations. Follows IPMVP (International Performance Measurement and Verification Protocol) standards with two certified professionals having over 7 years of experience.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Energy Tracking is a Chilean ESCO that designs, installs, finances, and operates energy efficiency projects for HVAC and domestic hot water systems through performance-based energy contracts. Its proprietary CTUe® thermal central line, Heatguard® automation, and CTR® real-time heating technology are delivered as full-service projects — engineering, installation, commissioning, post-sale service, maintenance, and IPMVP-aligned measurement and verification of energy savings.

Product overview

Energy Tracking is an ESCO (Energy Services Company) specializing in energy efficiency solutions for HVAC (Heating, Ventilation, and Air Conditioning) systems in Chile. The company offers its proprietary CTUe® (Centrales Térmicas Ultra Eficientes) product line—available in Gas (CTUe-GA), Full-Electric (CTUe-FE), Hybrid (CTUe-HY), Low Cost (CTUe-NLC), and Modular (CTUe-M) variants—as its core thermal generation systems. Supporting these are two key proprietary technologies: Heatguard® for real-time automation and control of thermal systems, and CTR® (Calentamiento en Tiempo Real) for instantaneous domestic hot water heating. The portfolio also includes engineering services (HVAC, energy audits, project design), ESCO contracts, cogeneration systems (as Sokratherm representatives), measurement and verification services, and District Heating solutions. The company was founded in 2007 and has implemented over 300 projects across Chile.

Differentiator

Problem solved

Functional benefit

Brands

• CTUe® (Centrales Térmicas Ultra Eficientes): Ultra-efficient thermal central technology providing sanitary hot water and heating services with advanced technology developed in-house
• CTUe-GA (Gas)
• CTUe-FE (Full-Electric)
• CTUe-HY (Hybrid)
• CTUe-LC (Low Cost)
• CTUe-M (Modular)
• Heatguard®
• CTR® (Calentamiento en Tiempo Real)

Products and services

• CTUe-GA (Central Térmica Ultra Eficiente a Gas) Gas-fired thermal central for generating domestic hot water and/or space heating in residential buildings, hotels, hospitals, and clinics; achieves up to 35% energy savings and 40% carbon footprint reduction versus traditional thermal systems.
• CTUe-FE (Central Térmica Ultra Eficiente Full-Electric) Electric thermal central using heat pumps for generating domestic hot water and/or space heating; achieves up to 60% energy savings and 80% carbon footprint reduction, with zero CO2 emissions at point of use.
• CTUe-HY (Central Térmica Ultra Eficiente Híbrida) Hybrid thermal central combining gas and electricity for generating domestic hot water and/or space heating; achieves up to 45% energy savings and 50% carbon footprint reduction.
• CTUe-M-GA (Modular Gas CTUe) Gas-fired CTUe pre-certified and factory-tested in a shipping-container-format module, installable on-site in one day, with maximum capacity of 1,800 kW serving 6,000 people and 50,500 m² of heating.
• CTUe-M-FE (Modular Full-Electric CTUe) Electric CTUe installed in a shipping-container-format module with inertial storage tank; maximum capacity of 520 kW (208 kW electric) serving 1,500 people and 3,000 m² of heating.
• CTUe-NLC (Low Cost CTUe) Gas-fired thermal central designed for small-volume generation of domestic hot water and/or heating; intended for replacement or new installations of gas water heaters.
• Heatguard® Automation and control system for thermal central equipment that manages heating and domestic hot water generation in real time without storage accumulation; controls parameters based on actual demand and integrates multiple energy sources intelligently. Generates over 15% savings on its own and was the winner of the 2012 Avonni Award.
• CTR® (Calentamiento en Tiempo Real) Hydraulic assembly that replaces domestic hot water storage tanks, enabling instantaneous and real-time heating; designed for low maintenance and adaptability in existing or new buildings for various consumption volumes.
• HVAC Engineering Services Heating, Ventilation, and Air Conditioning engineering and consulting services using BIM-based software for thermal calculations and modeling, including predictive modeling and energy analysis for buildings.
• Energy Audits Energy audits based on ASHRAE standards for commercial and industrial buildings, producing measurable and verifiable savings standardized to the IPMVP protocol, with focus on high-impact investments.
• ESCO (Energy Performance) Contracts Energy Service Company contracts that transfer technical and financial project risks to Energy Tracking under performance-based terms, guaranteeing energy and economic savings to clients; more than 90 projects developed under this model.
• Cogeneration Systems Cogeneration systems enabling simultaneous generation of mechanical (electricity) and thermal energy from a single fuel source; Energy Tracking is the Chilean and South American representative of Sokratherm brand.
• Measurement and Verification Services Energy consumption monitoring and calculation methodologies following the International Performance Measurement and Verification Protocol (IPMVP) to determine effective savings from implemented projects; backed by two certified professionals with over 7 years of experience.
• District Heating Centralized thermal energy generation and distribution through large-distance networks serving multiple buildings; Energy Tracking participates in UN Environment-coordinated local and international District Heating initiatives.

Quantifiable outcome

• 30% to 60% energy consumption savings
• +8 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• SokrathermcoreTechnology or IntegrationExclusive representation of Sokratherm cogeneration equipment for Chile and South America. Sokratherm technology enables simultaneous generation of electricity and thermal energy from a single fuel source, achieving up to 90% energy efficiency.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Johnson Controls: Global HVAC and building controls incumbent whose OpenBlue platform competes directly with Heatguard for thermal central automation, energy management, and guaranteed-savings retrofits in commercial and healthcare facilities.
• Carrier: Global HVAC and refrigeration OEM with strong presence in commercial and industrial thermal equipment across Latin America, competing with Energy Tracking's CTUe product line in hotels, healthcare, and real estate verticals.
• Enel X (Chile): Enel's energy efficiency and demand-side services arm, active in Chile and recognized as an industry award-giver to Energy Tracking. Competes for similar enterprise efficiency and decarbonization projects at much larger scale.
• Suez (Latam Energy Services): Global environmental and energy services group with Latin American operations offering energy efficiency, heat network, and ESCO-style services to municipal and industrial clients—competing for similar thermal efficiency mandates.
• Veolia Chile: Operates energy and facility services for industrial and commercial customers in Chile, including boiler/hvac optimization and district energy, with a broader services portfolio and international backing that overlaps Energy Tracking's ESCO offering.
• ENGIE Servicios Energéticos Chile: A major energy multinational with a large Chilean ESCO and energy services business, directly competing for hospital, hotel, and industrial energy performance contracts with materially greater capital and geographic reach than Energy Tracking.
• Trane (Latin America): Trane supplies chillers, heat pumps, and building services across Latin America and competes with CTUe thermal systems and Energy Tracking's HVAC retrofit and energy services value proposition for hotels and hospitals.

Direct peers

• Bosch Thermotechnology: Manufactures condensing boilers, heat pumps, and modular thermal systems that overlap directly with Energy Tracking's CTUe-GA, CTUe-FE, and CTUe-M product family, and pursues commercial/residential ESCO projects in Latin America.
• Viessmann (Latin America): European heating and heat-pump manufacturer expanding in Latin America with condensing boilers and integrated heating/DHW systems comparable to Energy Tracking's CTUe-GA and CTUe-HY hybrid solutions.

Regional players

• SOCOCER: Chilean heating and hot water solutions provider focused on boilers, accumulation tanks, and thermal installations for residential and commercial customers—overlapping with Energy Tracking's smaller-scale CTUe-NLC and residential real estate segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@EnergyTracking
• LinkedInlinkedin.com/company/energy-tracking-s.-a.
• Facebookfacebook.com/Energy-Tracking-S-A-100054301399150

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Energy Tracking