Officium
Decarbonising the German energy market
Long-term rental of submetering equipment and related services for the measurement of heat and water consumption and cost allocation in Germany.
Energy
AEIF3
Vehicle
2023
Investment year
Invested
Status
Germany
Country
More about Officium
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Ownership
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SubsidiariesÂ
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Dwellings
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Devices
Market
- Large, mature market supported by longstanding energy efficiency regulation and characterised by high barriers to entry, low customer churn and asset-backed contracts covering the entire technical life of the equipment installed
- Secure and predictable contracted cashflows from installed asset base, with inflation-linked pricing adjustments Â
- Fragmented market landscape providing opportunities for Officium to consolidate and drive inorganic growthÂ
Asset
- Fast growing independent submetering services provider Â
- Operates across eleven German states through 13 subsidiaries Â
- Diversified portfolio of assets backed by 5-10-year rental contracts and rolling reading and billing contractsÂ
- Strong growth track record, increasing its market share organically and inorganically with eleven acquisitions since 2020
- Platform strategy with ongoing integration of businesses and further professionalisation of the organisation
