Energy Drive Secures £20m Investment From Pears Family - CleanTechnica

Energy Drive, a company specializing in industrial energy efficiency, has secured a £20 million investment from the Pears Family. This funding will be used to partially buy back stakes from some founding shareholders and a South African private equity investor, as well as to support the company’s expansion into European and North American markets. Energy Drive focuses on optimizing industrial motors—particularly large fans and pumps—by deploying variable speed drives and intelligent motor controls that reduce energy consumption by an average of 43%. Their systems are installed and operated as-a-service, with Energy Drive owning and maintaining the equipment, thus eliminating capital expenditure and maintenance costs for clients. The company’s technology significantly cuts emissions, saving nearly one million kilograms of CO2, SO2, and NOx annually. Energy Drive currently operates over 250 systems worldwide across industries such as mining, metals, manufacturing, chemicals, and utilities, partnering with major firms like ArcelorMittal and Liberty Steel. Their solutions optimize the performance of medium and low voltage industrial motors by matching motor speed to operational needs, monitored remotely 24/7 and verified by independent third parties. This approach ensures guaranteed energy savings and supports the global drive toward industrial energy efficiency without upfront costs for clients.