Case Study: The Beal Companies saves more than $1 million annually with Enel X

The Beal Companies Saves $1 Million Annually with Enel X

The Beal Companies, a full-service real estate firm, faced significant challenges managing energy costs and volatility across its diverse portfolio of properties. Their high-profile tenants, including life sciences and data center firms, demanded stable and competitively priced electricity. To eliminate cost spikes and secure better long-term contracts, they partnered with energy advisory firm Enel X for a new energy purchasing strategy.

Enel X conducted a detailed portfolio analysis and implemented a customized strategy that combined fixed pricing and fixed price with pass-thru contracts. This solution, secured through competitive bidding, provided The Beal Companies with over $1 million in annual savings and significantly reduced their exposure to market risk. The stable energy costs achieved by Enel X were passed on to tenants, greatly improving satisfaction and retention for the real estate firm.

The Beal Companies

Dean Leventman

Director of Financial Analysis