Netix announces first-ever Sustainability Finance Model to tackle energy crisis in real estate

Netix solutions are implemented across multiple clients in different parts of the world

FINANCE MODEL Netix Global BV, a smart cities solutions provider and a subsidiary of the SB Group International, has announced a first-of-its-kind Sustainability Finance Model in the Middle East & rest of the world. Developed in partnership with one of the largest energy and automation funds from Europe, the unique funding model has great implications for Middle Eastern nations’ net-zero pursuits & tackling Europe’s energy crisis, to be replicated globally.

In recent years, Netix has emerged as the trailblazer in the smart building revolution. Its AI and IoT-led smart solutions have found widespread application in the retrofitting of legacy building systems for demonstrable “smart & efficient outcomes, energy and cost savings, and sustainable transformations. Netix Global is now gearing up to fully finance these solutions as smart upgrades for a large-scale impact needed to achieve net-zero goals across the globe like the visions of UAE and KSA, for 2050 and 2060, respectively.

“The world is in the midst of an energy crisis. Buildings, which account for significant energy usage and carbon emissions, are increasingly becoming the focus of decision-makers. Over the years, we have gathered empirical evidence substantiating the impact of AI and IoT-led solutions in measuring, reducing, optimising energy consumption in buildings. We are now funding the net-zero vision of the world by using technology to curate solutions to transform buildings into energy-efficient and sustainable edifices. Netix specialised solutions are built on the principles of AI, ML & the Internet of Things (IoT),” said Sanjeevv Bhatia, CEO of Netix Global.

The Sustainability Finance Model was unveiled on 23 September at Burj Khalifa.

Spekers at the event.