·The Future·
Carbon Neutral Living
Onsite Renewable Energy Generation
Upgraded Building Systems
Decarbonized Properties
RENU is leading the transition to a carbon neutral built environment.
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.
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
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.
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.
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 258,000 acres of forest
Greenhouse gas emissions from 541,000,000 passenger vehicles’ miles
CO2 emissions from 241,000,000 pounds of coal
South Winds
3,441,000 kWh
1,427,000 kWh
1,550 tons
Westover Parc
451,000 kWh
95,000 kWh
257 tons
Chestnut Place
88,000 kWh
677,000 kWh
324 tons
The Green at 9 & 90
6,676,000 kWh
1,946,000 kWh
2,642 tons
Wells Park
730,000 kWh
1,803,000 kWh
1,123 tons
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.
Erik R. Rijnbout
President
As President of Taurus, Erik oversees the daily operations of Taurus worldwide, is responsible for Taurus’ Portfolio Management, consults on all new business initiatives, and supervises investment structuring and financing. In addition, Erik serves on the board of EcoSmart Solution, several real estate companies and acts as the relationship manager for the European institutional clients. Prior to joining Taurus, Mr. Rijnbout was Vice President of Finance at the DSF group. Mr. Rijnbout also held positions at the Royal Dutch/Shell Pension Fund (US Real Estate), Royal Dutch/Shell Group (Netherlands), and Coopers & Lybrand International N.V. (Netherlands).
Chris Gray
Chief Technology officer
Chief Finance Officer As CFO of Taurus, Nancy is responsible for managing and reporting on all the fiscal and financial affairs of the Company and overseeing the company’s day-to-day finance and accounting operations. Prior to Taurus, Nancy has over 25 years of experience in the alternative asset management industry including tenures prior to Taurus as CFO with private equity real estate funds (Landmark Partners, Goldpoint Partners), a family office (Perilune Group) and over a decade in the financial services practices at Big 4 and top tier public accounting firms (PwC, EY, RSM). Nancy holds a B.S. from CUNY – Brooklyn College and an M.S. from Pace University, and is a Certified Public Accountant. 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.
Nancy Scotton
Mark Donohoe
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.
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
