Energy Drive Secures Investment to Support Continued International Expansion

Summary

LONDON - June 2, 2025 - Energy Drive (“EnergyDrive Systems” of parent “Apogee Sustainability Ltd”), a provider of zero-capex energy efficiency for large motors in the Mining and Metals Industry, has secured strategic growth investment from The Pears Family. This investment marks a milestone in the company's global expansion.

The investment of more than £20m recognizes the significant increase in value attributed to Energy Drive’s regional expansion and provides significant investment capacity from a major international investor. This reflects the continued expansion of the business into North America and Europe, from its origins in South Africa.

Energy Drive deploys Intelligent motor control via E-Houses, powered by proprietary technology, engineering expertise, and data to optimize the performance of industrial-scale motors. The E-House automatically optimizes a motor’s energy usage while meeting all operational and safety requirements, reducing energy consumption of motors by 43% on average. They are installed and operated as-a-service by Energy Drive requiring no capital expenditure or ongoing maintenance cost for the operator, while delivering both operating cost savings and carbon abatement. Today, Energy Drive saves nearly 1 million kg of CO₂, SO₂ and NO_X emissions annually.

With the support of The Pears Family and Pears Partnership Capital, Energy Drive will accelerate its international expansion and development in new heavy industry sectors as a trusted service provider, leveraging over a decade of successful delivery with multinational customers.

James Hynd, CEO of Apogee, said: "I am excited to welcome Pears  as an investment partner for Energy Drive. We share an ambition and long-term approach, committed to realizing this significant growth opportunity.

“Our service reduces energy OpEx of key systems, with no initial capital investment required. We see an increasing demand across the globe for these services, as energy-intensive companies seek to reduce costs and cut emissions.”

Joe Evans, managing director at Pears Partnership Capital, added: "We have built a great relationship with the team at Energy Drive and have been very impressed with the business. We are delighted to be able to support Energy Drive in the next stage of its growth and see significant market opportunity globally.”

About Energy Drive

Launched in 2010, Energy Drive brings Intelligent Motor Control to heavy industry, reducing operational costs and supporting energy-related sustainability goals. Using variable frequency drives, engineering know-how and digital insights, the company optimizes  the operations of industrial-scale motors.

Intelligent Motor Control is delivered as-a-service, requiring no upfront capital expenditure from clients, and on average, reduces the energy consumption on installed systems by 43%, while maintaining operational requirements. Annually, Energy Drive saves nearly one million kilograms of CO₂, SO₂ and NO_X emissions. It has successfully partnered with ArcelorMittal, Glencore, Vale, NLMK, Sibanye-Stillwater and Liberty Steel.

About Pears Partnership Capital

Pears Partnership Capital acts as an advisor to the Pears family in originating, arranging and overseeing direct private equity investments in operating businesses.

The Pears family have been investing in residential and commercial property since 1952 as well as in other investment areas. The business has grown to become one of Europe’s leading family-owned investment holdings groups, with interests including The William Pears Group