PriceSensitive

TrustBIX (TSXV:TBIX) advances BuildSense energy management solutions with Sunterra as its first client

Agriculture, Technology
TSXV:TBIX
22 April 2021 10:15 (EDT)

TrustBIX has entered into an agreement with Sunterra Group to implement its BuildSense suite of energy management solutions.

This partnership will support the company’s environmental, social, and governance initiative to advance its BuildSense suite of energy management solutions.

The SaaS suite by Green Metrics Technologies gives customers insight into energy consumption and sustainability in their business operations.

TrustBIX signed a reseller agreement with Green Metrics in December 2020 for the BuildSense suite, which is offered in three solutions as Build Aware, Build Sight, and Build Sense.

TrustBIX has already completed a Build Aware review of various Sunterra production, processing, and retail locations in Alberta. With Build Aware, Sunterra examined historical energy consumption at target locations and identified sites that may benefit from deeper on-site engagement.

Sunterra President Ray Price commented,

“At Sunterra, we are always looking at ways to be more efficient and utilize less energy where possible. We are pleased to be working with TrustBIX and Green Metrics to benchmark our operations in order to target possible operational savings.”

In the next phase of the initiative, TrustBIX, with the support of Green Metrics, will complete a detailed assessment of electrical and thermal loads and associated greenhouse gas emissions using Build Sight.

James Freeman, Chief Growth Officer of TrustBIX, commented,

“With their vertically-integrated operations, Sunterra is the perfect client to show the value of energy management solutions at all points in the agri-food value chain, and to demonstrate how money can be saved and GHG emissions reduced to enhance sustainability.”

As an innovative leader, TrustBIX provides agri-food traceability.

By addressing consumer and agri-food business demands, the company has a goal to become the most trusted and largest source of third-party food traceability and sustainability information globally.

TrustBIX (TBIX) is up 6.67 per cent and is trading at $0.40 per share as of 9:34 am ET. 

Related News