Phoenix Energy Technologies has announced a strategic partnership with the Hussmann Corporation aimed at accelerating the deployment of solutions that address energy, asset health, and reduce refrigerant leaks in facilities with refrigeration by leveraging AI.
As part of the partnership, Phoenix will introduce Refrigeration IQ Powered by Hussmann’s StoreConnect, an advanced refrigeration solution this month.
This innovative solution combines Phoenix’s expertise in data integration and analytics with Hussmann’s proven automated refrigerant leak detection “ALD” technology, creating a robust solution for facility managers to ensure optimal refrigeration asset health and performance.
Refrigeration IQ Powered by StoreConnect leverages Hussmann's industry-leading leak detection system and Phoenix’s unmatched library of software gateways that aggregate data from all legacy building automation systems to provide real-time insights through a single pane of glass.
The AI-powered system of StoreConnect continuously monitors refrigeration systems for leaks, reducing leak rates by over 30 per cent, eliminating the need for manual refrigeration leak checks, helping grocers avoid penalties and the high costs of refrigerant replacement, and the related GHG emissions.
Additionally, it complies with increasing stringent, refrigerant leak detection, regulatory requirements, including state and federal mandates for automated leak detection systems (ALD).
These regulations are part of a broader mandate to phase out high HFC refrigerants as outlined in the American Innovation and Manufacturing (AIM) Act, which targets significant reductions in harmful emissions over the coming years.
“As regulations surrounding refrigeration tighten, businesses must now act quickly to stay ahead of compliance requirements and rapidly rising refrigerant material costs,” Ryan Adelman, CEO of Phoenix Energy Technologies explained.
“Refrigeration IQ Powered by StoreConnect is designed to help facility managers not only ensure compliance with the AIM Act and strict, state-level regulations, but also improve the efficiency of their refrigeration operations through AI-driven insights that reduce maintenance costs and prevent costly refrigerant leaks.
“We are very excited to partner with Hussmann who brings over a hundred years of refrigeration industry experience and unmatched credibility. We look forward to leveraging both of our companies' unique strengths to better serve the cold chain.”
The partnership also opens new opportunities for Hussmann’s services organisation to access Phoenix’s best-in-class Internet of Things (IoT) devices and data integration platform, EnterpriseDX, and the ability to provide rich HVAC asset analytics and more robust solutions to Hussmann service customers.
To further solidify the collaboration and accelerate joint go-to-market, Hussmann is making an equity investment in Phoenix, joining existing major investors Spring Lake Equity and Energy Innovation Capital.
This strategic investment comes as Phoenix experiences rapid growth, having doubled its revenue in late 2024 and expanding its managed site portfolio to nearly 50,000 buildings and over 637M square feet under management.
Jay Welu, SVP Retail Services of Hussmann Corporation said this partnership will not only bring cutting-edge solutions to the refrigeration market but also enable the company to better serve customers.
Refrigeration IQ Powered by StoreConnect is available now.