path to zero...

Our new co-shareholder VAERING SE & Co.KG

Peter Eilers, Managing Director ENCORE Efficiency SE

VAERING convinced us right from the start: as an independent company with a clear focus on sustainable technologies and services, the culture, expertise and capital of a German entrepreneurial family that has been successfully providing services in industry for over 100 years and is represented in 30 countries throughout the world.

Installing new, energy-efficient systems, reducing CO2 Emissions, lowering costs – with little effort, without own financing and without risk for our customers. “With this offer, we at ENCORE help industrial and commercial companies in Germany, Europe and beyond in convert their energy supply with the goal of sustainably reducing CO2 emissions and lowering our customers’ energy costs,” says Peter Eilers, Managing Director of ENCORE.

“Due to its strong growth, ENCORE was looking for a partner who, like us, thinks and acts on a long-term basis and who can support the growth we are experiencing”, says Thomas Theiner, Managing Director of ENCORE. “VAERING is exactly the right partner for ENCORE because, like us, VAERING focuses on sustainability. With the background of a family business that provides services for industrial customers worldwide, VAERING is making an important contribution to ENCORE’s continued development.”

The ENCORE business model works as follows: We analyze our customers’ energy supply with the goal of identifying existing efficiency potential. There are many reasons potential often remains untapped: a lack of prioritization, a lack of independent solutions or a lack of resources. “We can offer all of this and take care of it on behalf of our customers”, says Peter Eilers.

Once we have determined the energy requirements, we make suggestions for energy savings and CO2 reductions through new, more efficient systems. There are three main advantages that we offer our customers: firstly, we take care of the complete implementation – from project management to selecting and ordering the systems, engineering and construction management through to commissioning. During operation, we assume responsibility for monitoring the systems to ensure that the optimized systems also achieve the target values. Secondly, the new plants and systems are financed by ENCORE – with no burden on our customers’ balance sheets. And thirdly, our customers only pay a portion of the cost savings actually achieved and proven for the use of the efficient new systems. This means that the measures always have a positive effect for the customer, both on the operating result and on their own sustainability targets.

“ENCORE offers efficiency improvement and decarbonization as a full service. ENCORE therefore is a perfect fit for our investment strategy and is also a testament to our belief that sustainability can be profitable”, says VAERING Managing Director Claas Fierlings, who initiated the new investment. VAERING has been a corporate partner of ENCORE since August 2024.