# Barghest Building Performance Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/barghest-building-performance-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.bbp.sg
- Total disclosed funding: $28M
- Latest round: Series A (Mar 31, 2023)
- Investors on record: 1

## About

Barghest Building Performance Pte Ltd specializes in energy optimization solutions, focusing on enhancing efficiency in large-scale facilities while minimizing environmental impact through innovative software algorithms.Founded in 2012, Barghest Building Performance Pte Ltd is based in Singapore and operates in energy optimization services, aiming to improve mechanical systems' efficiency. The company has completed 3 deals. In July 2025, Actis fully acquired Barghest Building Performance Pte Ltd from KKR and Tembusu Partners. The founders, En-Ping Ong and Poyan Rajamand, have been instrumental in steering the company toward sustainable energy solutions.Barghest Building Performance Pte Ltd (bbp) specializes in energy optimization solutions that focus on reducing energy consumption and minimizing environmental impacts for large-scale facilities. Their core offerings include patented software algorithms designed to enhance the efficiency of existing mechanical systems, such as centralized chiller plants and District Cooling Plants. Through optimization rather than equipment replacement, bbp aims to create sustainable operational practices for clients in diverse sectors, including manufacturing and district cooling services. Their notable projects include collaborations with HP Singapore and Resorts World Sentosa (RWS), where they successfully implemented energy-saving measures, resulting in significant reductions in energy usage. bbp serves a broad geographic market, with clients across Singapore, China, India, Indonesia, Malaysia, the Philippines, Taiwan, Thailand, and Vietnam.In the most recent fiscal year of 2023, Barghest Building Performance reported revenue of USD 13.04 mn, with an EBITDA of USD -678,017. Revenue generation is primarily through direct partnerships with corporate clients seeking energy optimization services, involving project-based contracts and potential recurring service fees for ongoing support and maintenance. The July 2025 acquisition aims to accelerate Barghest Building Performance Pte Ltd's growth by allowing it to pursue larger projects.

## Funding rounds

- Series A, Mar 31, 2023, $7.3M — KKR
- Series A, Oct 29, 2020, $21M — KKR

## Investors

- KKR (https://capitalatlas.ai/funds/kkr) — Series A