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LO3 Energy
What Does LO3 Energy Do?
LO3 Energy was a technology company that developed blockchain-based platforms to enable decentralized energy grids and peer-to-peer (P2P) energy trading. Their flagship platform, Exergy, aimed to empower consumers and businesses to buy, sell, and manage locally produced renewable energy. The company focused on creating local energy marketplaces (LEMs) that could enhance grid stability, promote renewable energy adoption, and provide more control to energy users. In 2021, LO3 Energy was acquired by Shell and its technology and team now form the basis of Shell's Exergy platform, continuing the mission to innovate in the transactive energy space.
Where Is LO3 Energy's Headquarters?
HQ Function
Historically served as the primary hub for research, development, operations, and strategic partnerships for LO3 Energy's innovative blockchain energy solutions.
Notable Features:
Located in a dynamic borough known for innovation, the HQ likely fostered a creative and collaborative environment. Specific architectural details are not widely publicized.
Work Culture:
As a startup in the energy tech space, LO3 Energy likely had a fast-paced, innovative, and mission-driven work culture, focused on disrupting traditional energy models with blockchain technology.
HQ Significance:
The Brooklyn HQ was central to LO3 Energy's pioneering work in developing and deploying early P2P energy trading pilots, establishing it as a key player in the nascent blockchain energy sector before its acquisition.
Values Reflected in HQ: The choice of Brooklyn, a hub for innovation, likely reflected LO3 Energy's values of forward-thinking, disruption, and community-focused solutions in the energy sector.
Location:
Prior to its acquisition by Shell, LO3 Energy established a global presence through pilot projects and strategic partnerships. Its technology was deployed or tested in various countries including the United States, Australia, United Kingdom, Germany, Japan, and Colombia. These projects focused on demonstrating the capabilities of its blockchain-based platform for local energy trading, microgrid management, and renewable energy integration. Post-acquisition, this expertise contributes to Shell's (via Exergy) broader international energy initiatives.
Street Address:
621 Degraw Street
City:
Brooklyn
State/Province:
NY
Country:
USA
Where Else Does LO3 Energy Operate Around the World?
Essen, Germany (Project & Partnership Hub - Historical)
Address: N/A (Primarily project-based presence with partners like Innogy/E.ON)
To adapt and deploy LO3 Energy's transactive energy platform in the European regulatory and market context, focusing on grid services and renewable energy integration.
Australia (Project Hub - Historical)
Address: N/A (Various project sites, e.g., South Australia, Victoria)
To test and showcase the Exergy platform's capabilities in diverse Australian energy environments, often in partnership with local energy companies and communities.
Buying Intent Signals for LO3 Energy
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Who's Leading LO3 Energy? Meet the Executive Team
As of April 2025, LO3 Energy' leadership includes:
Who's Investing in LO3 Energy?
LO3 Energy has been backed by several prominent investors over the years, including:
What Leadership Changes Has LO3 Energy Seen Recently?
Following LO3 Energy's acquisition by Shell in late 2021 and its integration into what is now Exergy, distinct executive movements for 'LO3 Energy' as a standalone entity ceased. Key leadership transitioned roles or moved on. There are no specific 'LO3 Energy' branded executive hires/exits in the last 12-24 months as the entity is now part of Shell.
What Technology (Tech Stack) Is Used byLO3 Energy?
Discover the tools LO3 Energy uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
LO3 Energy Email Formats and Examples
Prior to its acquisition by Shell, LO3 Energy likely used common corporate email formats. These formats are no longer active for 'LO3 Energy' as communications would now be through Shell or Exergy channels.
[first].[last]@lo3energy.com or [first_initial][last]@lo3energy.com
Format
jane.doe@lo3energy.com (example, historical, inactive)
Example
5 (very low, as the domain is historical and the company is now part of Shell/Exergy)%
Success rate
What's the Latest News About LO3 Energy?
Shell News & Media • October 7, 2021
Shell acquires blockchain-based renewable energy platform LO3 Energy
Shell announced the acquisition of LO3 Energy Inc., a US-based company specializing in blockchain solutions for peer-to-peer energy trading. This move aims to enhance Shell's offerings in renewable energy and decentralized grid services, with LO3's technology forming the core of Shell's Exergy platform....more
PR Newswire (via LO3 Energy) • March 26, 2020
LO3 Energy Secures Series B Investment from Shell Ventures and Sumitomo Corporation Group
LO3 Energy announced it secured Series B funding co-led by Shell Ventures and Sumitomo Corporation Group. The investment was aimed at scaling its Exergy™ platform, designed to create local energy marketplaces....more
Renewable Energy Magazine • February 20, 2019
LO3 Energy to launch blockchain-based platform for transactive energy in partnership with a major Japanese corporation
LO3 Energy announced a partnership with a major Japanese corporation, Sumitomo Corporation, to develop a transactive energy platform using blockchain technology, aiming to test new business models for managing energy flows....more
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