Portfolio-wide Mechanical Optimization
85+ Buildings; Over 10,000 Suites
Overview
Drewlo Holdings, owner and operator of Canada’s 10th largest private real estate portfolio, committed to retrofitting its entire portfolio of over 10,000 multi-residential suites, to reduce its reliance on Ontario's electricity grid, and significantly reduce GHG emissions.
Objective
Drewlo’s ambitious goal was to revolutionize energy efficiency and set a new benchmark in dynamic energy management across its extensive 85+ building portfolio.
This entailed a comprehensive overhaul of energy and GHG performance, leveraging strategic measures such as in-depth energy audits, advanced mechanical submetering, and smart building controls to not only boost efficiency but also ensure optimal tenant comfort.
Scope of Work
Data-Driven energy benchmarking for each building
Comprehensive mechanical and energy performance audits
Mechanical submetering
Full suite of smart building controls
Energy management and performance dashboard
Detailed M&V and reporting
Results
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1,500+ mechanical systems optimized
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Total natural gas demand reduction: 1.3Million m3 (38%)
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Total electricity removed from the grid: 4.1Million kWh (33%)
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PORTFOLIO WIDE GHG REDUCTION: 36%
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Millions in Annual Energy savings
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Over $10 million in Capital Savings
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More than $100 million added to portfolio valuation from improved NOI and NAV
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Judges’ Comments
"Drewlo Holdings’ leadership and vision have not only redefined the what’s possible but also set new standards in energy performance. This project serves as an inspiring example for the industry, demonstrating how strategic partnerships, innovative engineering, and a commitment to sustainability can profoundly impact the broader market of large-scale buildings, paving the way for a more efficient and environmentally responsible future."
Honoring customer stories in their quest for energy conservation and decarbonization.