Bluon Energy Announces Investors, Strategic Partnerships
Actor and environmental activist Leonardo DiCaprio joins as investor, board advisor
New capital to strengthen go-to-market strategy as regulations require refrigerant phase-out nationwide
Partnership with Schneider Electric helps speed delivery of replacement refrigerant
SACRAMENTO, Calif., May 17, 2017 /PRNewswire/ -- Bluon Energy – creator of Bluon TdX 20 (R-458A), an energy-efficient replacement refrigerant for existing HVAC-R systems, announced today the addition of new investors and the addition of a board advisor to bolster the company's awareness and sales. This comes at a time when existing HVAC-R refrigerants used by the majority of the U.S. and the world are becoming obsolete due to federal regulation and global phase-outs.
The newly-announced investors include Bionatus LLC, Greg Ellis of Control Air Conditioning Corporation, and actor and environmental activist Leonardo DiCaprio – who will also serve as a strategic advisor to Bluon's Board of Directors. DiCaprio, along with company leaders and existing board advisors Kelly Givens, David Gordon of Savills Studley and Matthew Case of Bionatus, will work to create awareness around the substantial impact Bluon's TdX 20 can have in the fight against climate change by making existing HVAC-R equipment more energy efficient.
"Having high-caliber investors and advisors join us in our growth is extremely exciting," said Peter Capuciati, Founder and Chairman of Bluon Energy. "These partnerships are central to helping businesses, facility owners and ultimately home owners everywhere understand the enormous savings and environmental benefit they can achieve with our refrigerant and approach. We are also pleased to welcome Leo to our team, as his efforts to make a difference in fighting climate change and bringing awareness to potential solutions are very much in line with our mission."
According to estimates by the U.S. Department of Energy, U.S. Environmental Protection Agency and the United Nations, HVAC-R equipment consumes approximately 40 percent of all electricity both domestically and globally, so utilizing a more energy-efficient refrigerant is cost-effective and beneficial for both the user and the environment.
"Electricity generation is a primary driver of carbon emissions, and it is contributing greatly to our planet's growing climate crisis," said Leonardo DiCaprio. "We need to work across all sectors of our consumption to ensure the development of energy-efficient products that will help reduce emissions. Bluon is at the forefront of tackling energy efficiency in our existing heating and air conditioning infrastructure which makes their approach an immediate part of the solution."
With Bluon TdX 20, a commercial facility can implement a sustainable and practical solution to the impending R-22 phase-out by making an immediate, sizeable impact of reducing emissions without purchasing new equipment. In addition, with R-22 prices continuing to rise, Bluon TdX 20 is substantially less expensive, enabling facilities to save on maintenance and energy costs, while benefiting the environment.
In addition to new investors, Bluon announced today that they are joining the New Energy Opportunities (NEO) Network, a collaborative online platform managed by Schneider Electric that will connect Bluon with commercial and industrial companies actively looking for energy efficiency and sustainability solutions.
"If we can make our existing heating and cooling systems more efficient, then we will drastically reduce the level of global emissions. This is a critical task if we are serious about tackling the underlying cause of climate change," continued Mr. DiCaprio."
Bluon TdX 20 allows end-users the ability to cost-effectively reduce the electricity consumed by their HVAC-R equipment by up to 25 percent while simultaneously removing R-22, which is being phased out due to its negative environmental impacts. In addition, Bluon offers commercial real estate owners and large corporate clients a turnkey solution to upgrade and optimize their HVAC-R equipment with TdX 20.
"The numbers are significant," said Bluon CEO, Douglas Reinke. "If you take a typical three story, 100,000 square foot office building, we can swap out their R-22 with less expensive Bluon TdX 20 and reduce their carbon footprint by more than 100 metric tons of CO2 every year while simultaneously saving the facility tens of thousands of dollars in electricity costs per year."
About Bluon Energy
Bluon Energy was founded in 2011 to create an R-22 replacement refrigerant that increases energy efficiency and extends the life of existing HVAC-R equipment. TdX 20 was developed empirically and iteratively with hundreds of formulas field tested to allow Bluon to create a unique energy efficient product from the ground up. Bluon TdX 20 is now also known by its internationally recognized ASHRAE designation R-458A. In order to ensure efficiency is maximized with TdX 20 installations, Bluon mandates training for their affiliated mechanical contractors where they teach the Bluon Mindset, where tuning and optimization are the focus. Bluon Energy is located in Sacramento, CA with sales and technical professionals across the country. For more information, please visit www.bluonenergy.com.
About Bionatus
Bionatus, LLC, focuses on developing breakthrough scientific discoveries into successful end-stage businesses with significant global impact. Occupying a unique role as both the founders and co-executives of its portfolio companies, Bionatus provides strategic and business development oversight while maintaining guiding principles that are rooted in delivering technologies that benefit humanity and the environment. Bionatus, LLC, is on track to become a certified Benefit Corporation. Please visit www.bionatusllc.com
About Control Air Conditioning Corp (CACC)
As a family owned and operated business founded in 1978, CACC has now grown into the most prestigious full mechanical contracting firm in California. CACC specializes in commercial HVAC, tenant improvement, plumbing, industrial, service, and sustainability. In addition to being a full mechanical, CACC performs all operations, manufacturing, and services in-house. This ensures all of CACC projects are completed with the highest possible quality on time and on budget. CACC continually aims to be the most prestigious, trusted, and client-first mechanical contractor in California. Please visit www.controlac.com
Contact:
Janna Pea, Sunshine Sachs
[email protected] / 212.691.2800
SOURCE Bluon Energy
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