RENU Retrofits

Creating value for your building, the environment, and the community

RENU is leading the transition to a carbon neutral built environment.

Carbon neutral real estate

We deliver decarbonized energy retrofits to existing real estate assets.

Climate action starts with improving energy performance within the built environment.

Buildings consume

40% of energy produced

70% of electricity produced in the U.S.

They account for nearly

40% of annual global greenhouse gas (GHG) emissions

12% of direct GHG emissions in the U.S.

Why RENU?

Operational Value

State and local governments are committing to meeting greenhouse gas reduction targets, while property owners confront additional legislative and financial burdens associated with greater environmental responsibility. The requirements are still evolving, and RENU allows owners and operators to stay ahead of the environmental regulations.

RENU’s comprehensive approach provides a carbon neutral transition for the built environment.

Carbon neutral real estate
Our innovative solutions improve property values, decreases utility and maintenance costs, and achieves carbon neutrality at no additional expense to owners, management, or tenants. 

Owners and operators benefit from:

  • Utility and Energy Savings
  • Reduced Maintenance/Operation
  • Decarbonized Asset Standard
  • Improved Energy Resiliency
  • State-of-the-Art Energy Equipment
  • Exceeding Building Code Requirements
  • Lower Capital Reserve Costs
  • Competitive Marketing Advantage
  • Increased NOI

 

Carbon neutral real estate
RENU builds a path to low emissions, comfort, and efficiency.  

Tenants benefit from:

  • Safer and Healthier Environment
  • Decarbonized Living / Working Space
  • No Additional Cost
  • Reduced Maintenance Interference
  • Improved Health and Comfort
  • User Friendly Energy Management

 

Tenant Demand

Consumers are increasingly concerned about climate change and their own carbon footprints. Businesses and state and municipal governments representing a significant portion of the population have committed to broad greenhouse gas reduction targets.

Our cutting-edge HVAC infrastructure provides better indoor air quality and energy performance.

Carbon neutral real estate

How It Works

We decarbonize the built environment by lowering energy demand through comprehensive retrofits, infrastructure upgrades, electrification, and on-site/off-site renewable power generation.

Carbon neutral real estate

Property Assessment & Energy Analysis

We perform comprehensive analyses on existing properties to determine the best combination of energy performance technologies. We can then provide a customized roadmap to achieving specified carbon reduction and financial goals.

Design Study & Implementation

Our team designs onsite energy systems best suited for carbon neutrality. We consider the application of battery storage capacity, solar, and our proprietary geothermal model (GeoGrid™). If necessary, additional energy needs can be generated with local, off-site renewables. We create the optimal financial structure and cooperative relationships between the property owner, the utility, and state and local governments.

Energy Management & Maintenance

Once the new equipment and energy infrastructure is fully installed, our Energy Management system provides continuous monitoring on a per household/ business basis. Real-time data yields energy insights and underscores new opportunities for ongoing optimization.

RENU In Action

Over the next 30 years, the current RENU portfolio is projected to save

of CO2 from our atmosphere

Our projects will save the energy equivalent of:

Carbon sequestered by 332,000 acres of forest

Greenhouse gas emissions from 713,000,000 passenger vehicles’ miles

CO2 emissions from 312,000,000 pounds of coal

South Winds

South Winds

South Winds Apartment Community provides an ideal foundation for RENU’s Carbon Neutral Energy Efficiency retrofit program.

3,441,000 kWh

to be saved annually through energy efficiency

1,427,000 kWh

to be produced annually through on-site renewable energy

1,550 tons

of CO2 estimated to be avoided annually
300 Baker

300 Baker

RENU’s flagship project in the commercial office market.

1,604,000 kWh

to be saved annually through energy efficiency

1,318,000 kWh

to be produced annually through on-site renewable energy

1,012 tons

of CO2 estimated to be avoided annually
Canopy

Canopy

RENU's first project in the Florida real estate market.

1,705,000 kWh

to be saved annually through energy efficiency

378,000 kWh

to be produced annually through on-site renewable energy

906 tons

of CO2 estimated to be avoided annually
Sol District

Sol District

RENU’s first project in the Arizona real estate market.

451,000 kWh

to be saved annually through energy efficiency

95,000 kWh

to be produced annually through on-site renewable energy

257 tons

of CO2 estimated to be avoided annually
Chestnut Place

Chestnut Place

RENU’s second multi-family venture in the Massachusetts market.

88,000 kWh

to be saved annually through energy efficiency

677,000 kWh

to be produced annually through on-site renewable energy

324 tons

of CO2 estimated to be avoided annually
The Green at 9 & 90

The Green at 9 & 90

The Green is RENU's largest multi-family venture.

6,676,000 kWh

to be saved annually through energy efficiency

1,946,000 kWh

to be produced annually through on-site renewable energy

2,642 tons

of CO2 estimated to be avoided annually
Raystone

Raystone

RENU's second multi-family venture in Arizona.

710,000 kWh

to be saved annually through energy efficiency

97,000 kWh

to be produced annually through on-site renewable energy

369 tons

of CO2 estimated to be avoided annually
AIM Portfolio

AIM Portfolio

Project AIM is a large industrial building portfolio that consists of 18 buildings and 1.5 million square feet spread across Chicago, Indianapolis, and Cincinnati

992,000 kWh

to be saved annually through energy efficiency

46,000 kWh

to be produced annually through on-site renewable energy

560 tons

of CO2 estimated to be avoided annually
I-20

I-20

I-20 West Distribution Portfolio is a large industrial building portfolio that consists of 5 buildings and 581,000 square feet in West Atlanta

170,000 kWh

to be saved annually through energy efficiency

1,100 MCF

of natural gas avoided annually

142 tons

of CO2 estimated to be avoided annually
Lofton Place

Lofton Place

Lofton Place Apartments is a 12 building, 280-unit garden-style multi-family apartment complex in Orlando, FL

1,143,000 kWh

to be saved annually through energy efficiency

479,000 kWh

to be produced annually through on-site renewable energy

719 tons

of CO2 estimated to be avoided annually
Rosemont

Rosemont

Rosemont Windermere Apartments is a 24 building, 360-unit garden-style multi-family apartment complex in Orlando, FL

1,093,000 kWh

to be saved annually through energy efficiency

544,000 kWh

to be produced annually through on-site renewable energy

732 tons

of CO2 estimated to be avoided annually
Wells Park

Wells Park

RENU's second office project.

730,000 kWh

to be saved annually through energy efficiency

1,803,000 kWh

to be produced annually through on-site renewable energy

1,123 tons

of CO2 estimated to be avoided annually

Our Team

Peter A. Merrigan

Chief Executive Officer

Peter Merrigan is Chief Executive Officer of RENU Communities and Taurus Investment Holdings LLC. He has overseen the acquisition and development of more than 47 million square feet of commercial space to date with a value in excess of $7.3 billion. As CEO he has guided the launch and development of RENU Communities alongside EcoSmart Solution and the broader Taurus renewable portfolio.

Carbon neutral real estate

Chris Gray

Chief Technology officer

Christopher (Chris) Gray is the Chief Technology Officer of RENU Communities. As CTO Chris oversees the technoeconomic evaluation of RENU’s carbon-neutral energy efficiency retrofit program as well as the company’s technology and platform development. Chris brings an extensive background in energy and engineering. He spent over 15 years working within the energy industry in a variety of roles including technology R&D, sales, key accounts, and business development.
Carbon neutral real estate

Mark Donohoe

Director of Construction Management

As the Director of Construction Management for RENU Communities, Mark is responsible for implementing RENU’s carbon-neutral renovation programs, including infrastructure upgrades, energy efficient equipment retrofits, and renewable power generation systems.  With over 20-years of experience, Mark has managed construction projects totaling over $200 million across multiple asset classes: multifamily, office, retail, industrial, and land development. Additionally,  Mark is a licensed attorney in the state of Massachusetts.

Carbon neutral real estate

Our Commitment to
Sustainability

Sustainability is central to our purpose. As part of Taurus Investment Holdings, RENU’s model and approach are designed to protect the environment and support local communities.

Taurus strives to operate and improve real estate in a best-in-class manner, with the goal of lowering water/energy consumption, decarbonizing new and existing buildings in all asset classes and providing high quality working/living spaces for our tenants. Supporting these investment decisions is the belief that prudent management of environmental, social and governance issues can have an important impact on the creation of long-term investor value.

About RENU

Launched in 2019 as a subsidiary of Taurus Investment Holdings, RENU is leading the transition to a carbon neutral built environment.

RENU combines best-in-class technology and real estate expertise to overhaul existing properties and transform dated buildings into high-value, carbon neutral assets. Program elements incorporate comprehensive retrofits, wholesale equipment upgrades, and onsite energy generation to create a customized, carbon neutral ecosystem. RENU’s innovative solutions improve property values, decrease utility and maintenance costs, and achieve carbon neutrality at no additional expense to owners, management, or tenants.

Carbon neutral real estate

Head Office

Two International Place, Floor 27
Boston, MA 02110

For any inquiries please message:
info@renucommunities.com

Tel: +1-617-357-4440
Fax: +1-617-357-4446

Carbon neutral real estate