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REstore

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uuid003p8sm

Namestring
REstore
Legal namestring
Centrica Business Solutions (REStore division)
Websiteurl
restore.energy
Company typeenum
Private
Founded yearint
2000
Descriptiontext

REstore was a European demand response and energy storage technology company founded in 2010 and headquartered in Antwerp, Belgium. The company developed advanced automated Demand Response solutions that enabled industrial and commercial electricity users to dynamically adjust consumption in response to grid signals, generating revenue for participants and supporting grid stability. Following its 2017 acquisition by Centrica plc, REstore was integrated as a division within Centrica Business Solutions, and its offerings were broadened from the original demand response platform into a full portfolio of onsite, behind-the-meter energy technologies.

Under the Centrica Business Solutions umbrella, the entity now delivers 1MW+ integrated energy solutions for industrial, commercial, and public sector organizations across the UK, Ireland, and North America. The product portfolio includes Combined Heat and Power (CHP) units, commercial solar panel installations, commercial heat pumps, and microgrids, sold alongside financing, operations and maintenance, and Net Zero Advisory services. Notable customers include Moog (manufacturing), Moy Park and Gressingham Foods (food processing), The Pirbright Institute (research), Frank Rudd & Sons (greenhouse horticulture), and Solihull Hospital (NHS healthcare).

The business model combines hardware sales with managed services and professional advisory fees, structured through multi-year enterprise contracts with project-based pricing. A key differentiator is the ability to offer zero upfront-cost financing for installations, leveraging Centrica plc's balance sheet. Go-to-market is executed through direct enterprise field sales targeting industrial, commercial, and public sector accounts, supplemented by a Channel Partner Network for indirect distribution. The website redirects to Centrica Business Solutions' energy solutions portal, confirming the operational integration.

Short descriptiontext

REstore, founded in 2010 in Antwerp, Belgium, is a demand response technology company acquired by Centrica plc in 2017 and now operating as a division of Centrica Business Solutions, delivering 1MW+ onsite energy solutions — including CHP, solar, heat pumps, and microgrids — to industrial, commercial, and public sector organizations across the UK, Ireland, and North America.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAntwerp, Belgium
HQ citystring
Antwerp
HQ countrystring
Belgium
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
demand response services, onsite energy generation, combined heat and power, energy management solutions, decarbonization advisory
Industry2 codes
1Post-Incident Recovery, Damage Assessment & Restoration Coordination
CodeBPABANALPrimaryYes
2Backup Power & Critical Power Systems (Generators/UPS)
CodeIMAIABAJPrimaryNo
NAICS code1 code
  • Electric Power Generation22111
SIC code2 codes
  • Cogeneration Services & Small Power Producers4991
  • Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip3585
Product category
Distributed Energy Solutions
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Energy Technology Installation and Financing
TypeHardware Sales
Description

Build, operate, finance and maintain onsite energy technologies including CHP, solar, and heat pumps. Offers financing options with zero upfront costs for customers.

centricabusinesssolutions.com
2Operations and Maintenance Services
TypeManaged Services
Description

Ongoing servicing and maintenance of installed energy systems

centricabusinesssolutions.com
3Net Zero Advisory
TypeProfessional Services
Description

Consulting services to help organizations meet decarbonization goals

centricabusinesssolutions.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Infrastructure, Operations, Personnel, Marketing or Sales
Pricing details1 tier
1Project-based enterprise pricing
ModelOtherBilling cadenceMulti-year contract
Notes

Custom quotations for 1MW+ onsite energy solutions; financing available with no upfront capital required

centricabusinesssolutions.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

REstore is an energy technology company that delivers advanced automated Demand Response and onsite, behind-the-meter energy solutions for industrial, commercial, and public sector organizations. Following its 2017 acquisition by Centrica, the company's offerings now include Combined Heat and Power (CHP), commercial solar, heat pumps, microgrids, financing, operations and maintenance, and net zero advisory, bundled into integrated energy solution packages for 1MW+ projects.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Significant energy savings for organizations
Product overview1 text field

Centrica Business Solutions (connected to REstore via redirect URL) offers an integrated portfolio of onsite energy technologies and services. The offering combines power generation hardware (Combined Heat and Power, Commercial Solar Panels, Heat Pumps, Microgrids) with supporting services (Financing, Operations and Maintenance, Net Zero Advisory) into integrated solution packages. Organizations can access individual technologies or opt for a comprehensive integrated energy solution that bundles financing, installation, and ongoing maintenance. The portfolio targets 1MW+ behind-the-meter power generation for industrial, commercial, and public sector organizations seeking to reduce energy costs and decarbonize.

Product and service1 record
1Combined Heat and Power (CHP)
Description

Onsite power generation technology that simultaneously produces electricity and useful heat, helping industrial and commercial organizations reduce energy costs and carbon emissions.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Centrica Business Solutions maintains a Partner Network for organizations that help distribute and implement energy solutions. Partners have access to the full portfolio of onsite energy technologies including CHP, solar, heat pumps, and microgrids.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Industrial automation and energy management company offering microgrids, power distribution, and energy optimization solutions. Directly relevant to the energy management and microgrid elements of REstore's portfolio.

TypeDirect peer
Description

Global energy management and automation company offering onsite generation, microgrids, and demand response solutions (including via its acquisition of AutoGrid). Directly comparable to REstore in industrial/commercial behind-the-meter energy services and demand response aggregation.

TypeEmerging player
Description

UK-based flexibility services marketplace (formerly Open Utility) that matches demand response and flexibility providers with grid needs. Closely related to REstore's original demand response business, though more focused on marketplace/matching than hardware deployment.

TypeBroad incumbent
Description

Major French utility with commercial onsite energy, CHP, and energy services offerings to industrial customers in the UK and Europe. Comparable as a broad energy services incumbent overlapping with REstore's enterprise offering.

TypeDirect peer
Description

Enel's energy services and demand response arm operating globally, offering flexibility services, distributed generation, and energy management to commercial and industrial customers — directly overlapping REstore's demand response and onsite energy offerings.

TypeBroad incumbent
Description

Global energy services incumbent offering onsite CHP, district heating, microgrids, and energy efficiency services to industrial and commercial customers. Overlaps broadly with Centrica Business Solutions' portfolio of behind-the-meter energy solutions.

TypeDirect peer
Description

US-based energy management and demand response provider offering distributed energy optimization for commercial and industrial customers. Comparable in offering building/portfolio-level energy management and DR aggregation to grid operators.

TypeBroad incumbent
Description

Major European energy company with commercial onsite generation, CHP, heat networks, and energy services across the UK and Germany. Comparable broad energy services incumbent with overlap in CHP and decarbonization offerings.

TypeDirect peer
Description

US-based commercial demand response aggregator connecting businesses to grid flexibility markets. Closely comparable to REstore's original core business of automated demand response for industrial/commercial customers.

TypeBroad incumbent
Description

Energy management and building technologies division of Siemens, offering microgrids, distributed energy management, and decarbonization solutions. Competes with REstore in integrated onsite energy offerings for enterprise customers.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

REstore

Distributed Energy Solutionsrestore.energy

REstore, founded in 2010 in Antwerp, Belgium, is a demand response technology company acquired by Centrica plc in 2017 and now operating as a division of Centrica Business Solutions, delivering 1MW+ onsite energy solutions — including CHP, solar, heat pumps, and microgrids — to industrial, commercial, and public sector organizations across the UK, Ireland, and North America.

What REstore does

REstore was a European demand response and energy storage technology company founded in 2010 and headquartered in Antwerp, Belgium. The company developed advanced automated Demand Response solutions that enabled industrial and commercial electricity users to dynamically adjust consumption in response to grid signals, generating revenue for participants and supporting grid stability. Following its 2017 acquisition by Centrica plc, REstore was integrated as a division within Centrica Business Solutions, and its offerings were broadened from the original demand response platform into a full portfolio of onsite, behind-the-meter energy technologies.

Under the Centrica Business Solutions umbrella, the entity now delivers 1MW+ integrated energy solutions for industrial, commercial, and public sector organizations across the UK, Ireland, and North America. The product portfolio includes Combined Heat and Power (CHP) units, commercial solar panel installations, commercial heat pumps, and microgrids, sold alongside financing, operations and maintenance, and Net Zero Advisory services. Notable customers include Moog (manufacturing), Moy Park and Gressingham Foods (food processing), The Pirbright Institute (research), Frank Rudd & Sons (greenhouse horticulture), and Solihull Hospital (NHS healthcare).

The business model combines hardware sales with managed services and professional advisory fees, structured through multi-year enterprise contracts with project-based pricing. A key differentiator is the ability to offer zero upfront-cost financing for installations, leveraging Centrica plc's balance sheet. Go-to-market is executed through direct enterprise field sales targeting industrial, commercial, and public sector accounts, supplemented by a Channel Partner Network for indirect distribution. The website redirects to Centrica Business Solutions' energy solutions portal, confirming the operational integration.

REstore firmographics

Firmographics
Name
REstore
Legal name
Centrica Business Solutions (REStore division)
Website
https://restore.energy
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
11–50 employees
Short description
REstore, founded in 2010 in Antwerp, Belgium, is a demand response technology company acquired by Centrica plc in 2017 and now operating as a division of Centrica Business Solutions, delivering 1MW+ onsite energy solutions — including CHP, solar, heat pumps, and microgrids — to industrial, commercial, and public sector organizations across the UK, Ireland, and North America.
Ownership category
akta.pro rank

REstore industry classification

Industry
Product category
Distributed Energy Solutions
NAICS
Electric Power Generation (22111)
SIC
Cogeneration Services & Small Power Producers (4991), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
akta.pro primary industry
Post-Incident Recovery, Damage Assessment & Restoration Coordination (BPABANAL)
akta.pro secondary industry
Backup Power & Critical Power Systems (Generators/UPS) (IMAIABAJ)

Keywords

  • Demand response services
  • Onsite energy generation
  • Combined heat and power
  • Energy management solutions
  • Decarbonization advisory

Where REstore is headquartered

Location

Headquarters

HQ city
Antwerp
HQ country
Belgium
HQ region
Europe

Markets served

REstore business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Technology or R&D, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

  1. Energy Technology Installation and Financing: Build, operate, finance and maintain onsite energy technologies including CHP, solar, and heat pumps. Offers financing options with zero upfront costs for customers.
  2. Operations and Maintenance Services: Ongoing servicing and maintenance of installed energy systems
  3. Net Zero Advisory: Consulting services to help organizations meet decarbonization goals

Pricing tiers

ModelBillingPrice
OtherMulti-year contractProject-based enterprise pricing

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

REstore product offering

Product offering

Core offering

REstore is an energy technology company that delivers advanced automated Demand Response and onsite, behind-the-meter energy solutions for industrial, commercial, and public sector organizations. Following its 2017 acquisition by Centrica, the company's offerings now include Combined Heat and Power (CHP), commercial solar, heat pumps, microgrids, financing, operations and maintenance, and net zero advisory, bundled into integrated energy solution packages for 1MW+ projects.

Product overview

Centrica Business Solutions (connected to REstore via redirect URL) offers an integrated portfolio of onsite energy technologies and services. The offering combines power generation hardware (Combined Heat and Power, Commercial Solar Panels, Heat Pumps, Microgrids) with supporting services (Financing, Operations and Maintenance, Net Zero Advisory) into integrated solution packages. Organizations can access individual technologies or opt for a comprehensive integrated energy solution that bundles financing, installation, and ongoing maintenance. The portfolio targets 1MW+ behind-the-meter power generation for industrial, commercial, and public sector organizations seeking to reduce energy costs and decarbonize.

Differentiator

Problem solved

Functional benefit

Products and services

  • Combined Heat and Power (CHP) Onsite power generation technology that simultaneously produces electricity and useful heat, helping industrial and commercial organizations reduce energy costs and carbon emissions.

Quantifiable outcome

  • Significant energy savings for organizations

Companies that use REstore

Customer profile

Named customers6 records

Segments2 records

Ideal customer profiles2 records

REstore technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

REstore partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Channel PartnerscoreChannel Partner/ Reseller/ DistributorCentrica Business Solutions maintains a Partner Network for organizations that help distribute and implement energy solutions. Partners have access to the full portfolio of onsite energy technologies including CHP, solar, heat pumps, and microgrids.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

REstore competitors and assessment

Company assessment

Broad incumbents

  • ABB: Industrial automation and energy management company offering microgrids, power distribution, and energy optimization solutions. Directly relevant to the energy management and microgrid elements of REstore's portfolio.
  • EDF: Major French utility with commercial onsite energy, CHP, and energy services offerings to industrial customers in the UK and Europe. Comparable as a broad energy services incumbent overlapping with REstore's enterprise offering.
  • Engie: Global energy services incumbent offering onsite CHP, district heating, microgrids, and energy efficiency services to industrial and commercial customers. Overlaps broadly with Centrica Business Solutions' portfolio of behind-the-meter energy solutions.
  • E.ON: Major European energy company with commercial onsite generation, CHP, heat networks, and energy services across the UK and Germany. Comparable broad energy services incumbent with overlap in CHP and decarbonization offerings.
  • Siemens Smart Infrastructure: Energy management and building technologies division of Siemens, offering microgrids, distributed energy management, and decarbonization solutions. Competes with REstore in integrated onsite energy offerings for enterprise customers.

Direct peers

  • Schneider Electric: Global energy management and automation company offering onsite generation, microgrids, and demand response solutions (including via its acquisition of AutoGrid). Directly comparable to REstore in industrial/commercial behind-the-meter energy services and demand response aggregation.
  • Enel X Way: Enel's energy services and demand response arm operating globally, offering flexibility services, distributed generation, and energy management to commercial and industrial customers — directly overlapping REstore's demand response and onsite energy offerings.
  • GridPoint: US-based energy management and demand response provider offering distributed energy optimization for commercial and industrial customers. Comparable in offering building/portfolio-level energy management and DR aggregation to grid operators.
  • Voltus: US-based commercial demand response aggregator connecting businesses to grid flexibility markets. Closely comparable to REstore's original core business of automated demand response for industrial/commercial customers.

Emerging players

  • Piclo: UK-based flexibility services marketplace (formerly Open Utility) that matches demand response and flexibility providers with grid needs. Closely related to REstore's original demand response business, though more focused on marketplace/matching than hardware deployment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

REstore social profiles

Digital presence

REstore financial estimates

Financial estimate

Revenue estimate

Valuation estimate

REstore leadership team

Management profile

Number of profiles

REstore funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

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

REstore M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about REstore

What does REstore do?

REstore is an energy technology company that delivers advanced automated Demand Response and onsite, behind-the-meter energy solutions for industrial, commercial, and public sector organizations. Following its 2017 acquisition by Centrica, the company's offerings now include Combined Heat and Power (CHP), commercial solar, heat pumps, microgrids, financing, operations and maintenance, and net zero advisory, bundled into integrated energy solution packages for 1MW+ projects.

Is REstore a public or private company?

REstore is a private company. It is classified as corporate owned and is currently operating.

When was REstore founded?

REstore was founded in 2000. It employs 11 to 50 people.

Where is REstore based?

REstore is headquartered in Antwerp, Belgium, in the Europe region.

How does REstore make money?

Three revenue lines are on record. Energy Technology Installation and Financing is the primary driver. The others are operations and Maintenance Services and net Zero Advisory.

Who are REstore's main competitors?

Broad incumbents on record are ABB, EDF, Engie, E.ON and Siemens Smart Infrastructure. Direct peers are Schneider Electric, Enel X Way, GridPoint and Voltus. Piclo is listed as an emerging player.

Does REstore have an API?

No public API is recorded for REstore.

What industry is REstore in?

REstore's product category is Distributed Energy Solutions. Its primary akta.pro industry code is BPABANAL, Post-Incident Recovery, Damage Assessment & Restoration Coordination, with a secondary code of IMAIABAJ, Backup Power & Critical Power Systems (Generators/UPS). Its NAICS code is 22111 and its SIC code is 4991.

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Live signals
TheenergystCentrica acquires demand-side response aggregator Restore for £62mCentrica has acquired demand-side response aggregator Restore for £62m, with co-founders Pieter-Jan Mermans and Jan-Willem Rombouts confirming the deal. The purchase follows Enel's acquisition of Enernoc and Statkraft's investment in Limejump, and will allow Restore to target the US market.PR NewswireFrost & Sullivan Recognizes REstore for Its Leadership in Demand Side Management Solutions in North AmericaFrost & Sullivan recognized REstore with the 2017 North America Product Leadership Award for its demand side management products, including FlexPond™ and FlexTreo™ platforms. The company has grown to manage 1.76 GW of peak load and serves more than 150 industrial customers across Europe, with recent expansion including an office opening in San Francisco. Frost & Sullivan stated REstore is well-positioned to grow its presence in the North American market.PR NewswireSAS el Príncipe Alberto II de Mónaco concluyó el 10.o Aniversario de CleanEquity® Monaco 2017CleanEquity Monaco 2017 concluded on March 10, 2017, marking its 10th anniversary with Prince Albert II of Monaco delivering the closing speech and presenting awards to companies showcasing disruptive sustainable technologies. The conference, organized by Innovator Capital and the Economic Council of Monaco, featured 32 technologies from companies worldwide, with awards going to AgriProtein (South Africa), KDC Agribusiness (USA), Iceotope Technologies (UK), and Restore NV (Belgium). Innovator Capital reported increased quality investor attendance and emphasized that sustainability innovation is becoming a key driver for corporate growth strategies and M&A opportunities.PR NewswireREstore Deploys Smart Appliances in World-Leading Smart City ProjectREstore announced a large-scale deployment of smart household appliances with embedded NarrowBand IoT connectivity in a Smart City platform, partnering with telecom operator Orange and technology institute imec. The deployment uses REstore's FlexPond cloud analytics platform, which employs artificial intelligence and deep learning to predict appliance behavior and renewable energy availability, allowing devices to shift power consumption to times when renewable energy is abundant. The smart city market is projected to reach $1.57 trillion by 2020, according to Frost & Sullivan.PR NewswireVESTOLIT unterzeichnet eine Partnerschaft zur Vermarktung von Primärregelleistung mit REstoreVESTOLIT, a subsidiary of PVC specialty manufacturer Mexichem, has signed a partnership with REstore, a European Demand Response market leader, to jointly participate in Germany's primary balancing power market. REstore's patented Flexpond™ technology enables industrial consumers like VESTOLIT to access balancing power markets where compensation can reach 180,000 euros per MW per year, significantly higher than secondary or minute reserve markets. VESTOLIT, which operates Europe's largest fully integrated PVC production facilities in Marl with 400,000 tonnes annual capacity, will use this partnership to expand its engagement in flexibility markets and achieve further energy cost savings.PR NewswireREstore Recognised as a European Leader in Demand ResponseREstore won the Competitive Strategy Innovation and Leadership Award at Frost & Sullivan's Excellence in Best Practices Awards on November 17, 2015, at a ceremony in Frankfurt, Germany. The demand response aggregator is recognized as the only European DR provider capable of offering primary reserve and expects to achieve 20-30% market share by 2018. The company has grown from a few megawatts of industrial load to over 1 gigawatt under management, serving more than 80 industrial customers, with revenues growing 700 percent from 2013 to 2014.