Canadian renewable energy company plans to lead real estate industry towards net-zero

Photo: Springbank Energy.

Springbank Energy, a new Canadian renewable energy development company, announces its official launch. Springbank works with institutional and private owner-developers in the real estate industry to implement renewable energy solutions to reduce greenhouse gas emissions, achieve corporate sustainability goals, and meet tenant requirements.

Based in Toronto and led by Founder and CEO Ben Gilbank, Springbank Energy has a net-zero goal for the future of real estate. Buildings and real estate are currently contributing 57 per cent of total emissions in Toronto (source: TransformTO 2022). Springbank plans to lead the real estate industry to net-zero as part of a broader transition towards a decarbonized global economy.

“The real estate industry is under pressure from tenants, businesses, and multiple levels of government to reduce emissions from their buildings,” said Gilbank. “We help the industry respond to these demands by offering turnkey, proven renewable energy systems which meet both sustainability and financial objectives. Springbank is the real estate owner-developer’s choice, as we are the first group in Canada to offer multiple technologies, allowing us to comprehensively meet our clients’ sustainability objectives.”