Wondrwall Group, a pioneer in intelligent technology designed for net-zero energy homes, has announced a significant partnership with InfraRed Capital Partners, an international infrastructure investment manager overseeing approximately $14 billion in equity. This collaboration aims to fuel Wondrwall’s growth in the new build housing sector, with an initial investment program exceeding £100 million.
InfraRed’s investment underscores Wondrwall’s potential in supporting the UK’s net-zero goals by 2050. This infusion of funds will enable Wondrwall to expand its reach, targeting over 100,000 net-zero energy homes in the UK and internationally. Since its launch in 2018, Wondrwall’s technology has represented a substantial advancement beyond traditional smart home solutions.
Wondrwall offers a fully-integrated, artificial intelligence-powered, home energy management system (“HEMS”), capable of adapting to homeowners’ living habits, energy consumption, the thermal performance of the home, and external factors like weather forecasts, geo-location and time-of-use tariffs. This innovative approach combines sensory technology with gas-free heating, hot water, solar energy generation, battery storage, EV charging and cloud-based, machine learning.
As well as actioning energy-saving measures around the clock, Wondrwall’s HEMS also identifies the optimum time to buy energy from, and sell energy back, to the grid for an overall net-zero energy home aim and the potential to deliver negative energy bills. Notably, Wondrwall enables UK housebuilders to exceed current Future Homes Standard requirements at a comparable build cost to gas-heated homes.
Currently being trialled by many of the UK’s leading national housebuilders, the technology is reshaping the landscape of sustainable home construction.
Daniel Burton, CEO and founder of the Wondrwall Group, comments: “This is a landmark moment for Wondrwall and will help us to accelerate towards our ambition of making intelligent net zero living accessible to all. InfraRed is an exceptional partner for Wondrwall and the investment underlines the importance of our technology in helping to reduce energy consumption of homes and help the UK in transition to net-zero.
“Put simply, Wondrwall creates the most intelligent homes in Britain. By harmonising energy generation, storage, and demand, our solution reduces carbon to protect the climate and reduces energy bills to protect the consumer.
“With pledges being made to deliver 1.5 million new homes in the UK over the next 5 years, if just half were installed with Wondrwall technology, the carbon saving would be the equivalent of more than 14 million trees with the potential to absorb 321 million kilograms of CO2 per year.
“This investment marks a significant milestone for Wondrwall, facilitating rapid upscaling to meet the evolving needs of housebuilders on their ESG journey and homeowners grappling with escalating energy costs. Wondrwall is uniquely positioned to manage energy consumption, supporting grid decarbonisation, reducing energy bills, and maintaining current build costs.”
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