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The AI Buildout Runs on Power and Cooling. Bitzero Just Deepened Its Bench With Vertiv.

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Issued on behalf of Bitzero Holdings Inc. (Nasdaq: AIBZ)

NEW YORK, Aug. 4, 2026 /PRNewswire/ — USA News Group News Commentary – The race to build artificial intelligence has quietly shifted. The scarce resource is no longer just the chips; it is the physical ability to power and cool them, and the companies that can deliver dense, efficient, reliable data-center infrastructure have become the real gatekeepers of the AI buildout. Against that backdrop, Bitzero Holdings Inc. (Nasdaq: AIBZ), a builder of sustainable high-performance-compute and AI data-center infrastructure, has announced a collaboration with Vertiv, one of the world’s leaders in critical power and cooling, deepening a supply chain and engineering bench that puts it in conversation with the infrastructure names investors already know, from Vertiv (NYSE: VRT) and Eaton (NYSE: ETN) to Digital Realty (NYSE: DLR) and Applied Digital (Nasdaq: APLD).

What Was Announced

Bitzero announced a collaboration with Vertiv, a global leader in critical digital infrastructure, that adds deep expertise in critical power, thermal management, and infrastructure deployment to support the design and delivery of AI, high-performance-compute (HPC), and hyperscale data centers. The relationship expands Bitzero’s access to proven technologies and engineering capabilities intended to help accelerate project execution while supporting the performance, efficiency, and scalability that modern AI workloads demand. Details are available through the company’s newsroom.

The collaboration is not a one-off. Bitzero framed it as the latest addition to a deliberately assembled ecosystem of technical, engineering, and supply-chain providers, following previously announced partnerships. Vertiv’s technologies are expected to serve as a key pillar within Bitzero’s broader execution platform, bringing global expertise in critical power and cooling, including the advanced liquid-cooling design and engineering that high-density AI and HPC environments increasingly require. As compute density rises, integrated, end-to-end infrastructure and modular solutions are becoming central to deploying resilient, scalable, efficient digital infrastructure, and to what the industry now calls reducing time to token, the speed at which a new cluster can go from construction to producing useful AI output.

Both companies framed the relationship around that execution imperative. “Bitzero is intentionally building an ecosystem of leading providers across every critical layer of data center delivery,” said Bitzero Founder & CEO, Mohammed Bakhashwain. “Following our previously announced relationships, Vertiv further enhances our technical depth across critical power, thermal management, and infrastructure solutions, while strengthening our supply chain capabilities as we continue advancing our platform for hyperscale, AI, and HPC applications.”

Vertiv, for its part, tied the collaboration to the broader challenge of scaling AI. “Successfully scaling AI requires more than advanced compute, it requires end-to-end infrastructure capable of supporting increasingly demanding power and thermal profiles,” said Paul Ryan, president for Europe, Middle East and Africa at Vertiv, adding that the company draws on decades of experience in critical digital infrastructure to help organizations deploy the power and cooling systems that underpin AI and HPC environments.

Why a Partner Like Vertiv Matters for a Company This Size

For a small-cap developer, credibility is often the gating factor, and who you build with is a signal in itself. Vertiv is a multi-billion-dollar, globally scaled provider of the exact power-and-cooling systems that AI data centers cannot run without, and its liquid-cooling and critical-power expertise is in acute demand as GPU racks push power densities past what legacy air-cooled facilities were designed to handle. For Bitzero, aligning with that caliber of partner does two things: it strengthens the practical engineering and supply-chain muscle needed to actually build, and it lends third-party validation to a company competing for hyperscale and AI workloads against far larger incumbents.

That is the strategic logic Bitzero has been executing. Rather than trying to own every capability in-house, the company is assembling a network of specialized, industry-leading providers across technical design, project execution, and supply-chain coordination, positioning itself as an integrator that can deliver high-performance compute environments for hyperscale, AI, and other advanced workloads. The Vertiv collaboration deepens the most critical layer of that network, the physical power and cooling on which everything else depends.

The Company Behind the Announcement

Bitzero Holdings is a provider of IT energy infrastructure and high-efficiency power for data centers, focused on data-center development, high-performance compute, and strategic hosting partnerships. The company owns four data-center locations across the North American and Nordic regions, with its Nordic assets powered by clean, low-carbon energy sources, an increasingly relevant feature as AI’s enormous electricity appetite collides with sustainability mandates and grid constraints. That combination, low-carbon power plus a build-out strategy aimed squarely at AI and HPC demand, is the core of the Bitzero thesis.

The company has been active on other fronts as well, recently closing a US$25 million private placement and announcing its intention to prepay a loan, steps that speak to the capital intensity of data-center development and the ongoing work of funding it. Building AI infrastructure is enormously capital-hungry, and for a company of Bitzero’s size, access to capital, power, sites, and now a deepened engineering bench are the ingredients that determine whether an ambitious development strategy becomes operating capacity.

The Infrastructure Names It Now Sits Alongside

The four companies below are referenced solely as market and sector context, span the power, cooling, and data-center-development layers of the AI buildout, and are far larger and more established than Bitzero. They are not peers, competitors, or financial comparables of Bitzero Holdings Inc., and their results are not indicative of Bitzero’s prospects. It is worth noting that the AI-infrastructure and data-center complex has been volatile, with several names selling off sharply over the past month even as underlying demand indicators stayed strong. All figures are approximate and subject to change.

Vertiv (NYSE: VRT)

Vertiv is the collaboration partner itself and the pure-play leader in the power-and-cooling infrastructure that AI data centers depend on, from critical power distribution to advanced liquid cooling. In its second quarter of 2026 the company reported revenue growth of roughly 26% and raised its full-year sales guidance toward US$14 billion on strong data-center demand, though the stock pulled back after quarterly sales came in below the most aggressive expectations. Vertiv is the clearest reference point for the specific capability Bitzero is adding through this collaboration, at global scale.

Eaton (NYSE: ETN)

Eaton is a diversified power-management company that has become a core beneficiary of the AI buildout through its electrical business, and it has expanded into liquid cooling via acquisition. In late July 2026 its shares jumped after it reported record quarterly revenue of about US$8.5 billion, up 21%, and raised full-year guidance, with management citing data centers as the single strongest driver and a large data-center order backlog. Eaton illustrates the power-distribution side of the same infrastructure demand Bitzero is building to serve, on a vastly larger, diversified scale.

Digital Realty (NYSE: DLR)

Digital Realty is one of the largest data-center REITs, operating hyperscale campuses and upgrading sites for higher power density, liquid cooling, and advanced power distribution to serve AI and cloud customers. In 2026 it reported record leasing, a substantial signed-but-not-yet-commenced backlog, and raised its full-year funds-from-operations guidance, drawing analyst upgrades even as investors weighed its leverage and valuation. Digital Realty represents the landlord-and-operator layer of the market, the scaled owner of exactly the kind of AI-ready capacity Bitzero is developing.

Applied Digital (Nasdaq: APLD)

Applied Digital is a data-center developer building and operating facilities for high-performance computing and AI hosting, a business model closely analogous to Bitzero’s own. It recently reported very strong revenue growth driven by AI-hosting demand, though its shares, like those of other build-and-host names, fell sharply over the past month in a broad re-pricing of the AI-infrastructure group before partially rebounding. Applied Digital is the closest listed analogue to Bitzero’s develop-and-host strategy, at a larger and more established stage, and a clear illustration of both the demand and the volatility in that niche.

What to Watch

For Bitzero, the near-term markers are about turning relationships into results. The most important is execution: whether the deepened Vertiv relationship and the broader partner ecosystem translate into faster, more reliable build-out at the company’s sites, and ultimately into contracted AI and HPC capacity. Watch for announcements of additional partnerships, for progress developing and energizing the four data-center locations, for customer or hosting agreements that convert capacity into revenue, and for how the company funds continued development following its recent capital raise.

The backdrop cuts both ways. On the positive side, demand for AI and HPC infrastructure remains enormous, power and cooling are genuine bottlenecks, and Bitzero’s low-carbon Nordic power is a real differentiator in a power-constrained world. On the cautionary side, this is a capital-intensive, competitive, and currently volatile sector; Bitzero is a small-cap company executing an ambitious plan against much larger players, the AI-infrastructure group has re-priced sharply, and success depends on capital, power, sites, customer demand, and execution all coming together. A collaboration with a partner of Vertiv’s stature does not remove those risks, but it strengthens the engineering and supply-chain foundation on which Bitzero’s plan depends, at a moment when the ability to actually build is the industry’s scarcest advantage.

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Article Source:

[1] Bitzero Holdings Inc., “Bitzero Deepens Technical & Supply Chain Capabilities Through Collaboration with Vertiv,” August 4, 2026.

USA News Group | info@usanewsgroup.com 

DISCLAIMER

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This publication is neither an offer nor a recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed for Market Equities Limited, a company incorporated under the laws of Ireland (“MEL”), which wholly owns and operates USA News Group.

MEL has NOT been compensated for the production or distribution of this particular article, which is being published on an independent basis. MEL does, however, expect to receive compensation in the future for digital media and advertising services intended to increase investor visibility for Bitzero Holdings Inc. Because MEL anticipates a future commercial relationship with the profiled company, readers should be aware of this expected future conflict of interest and are strongly encouraged to not use this publication as the basis for any investment decision.

MEL and its owners, operators, directors, and affiliates do not own any shares of Bitzero Holdings Inc., but reserve the right to buy and sell shares of Bitzero Holdings Inc. at any time without any further notice commencing immediately and ongoing, in the open market, through private placements, and/or through other investment vehicles. There may also be third parties who hold shares of Bitzero Holdings Inc. and may liquidate their shares, which could have a negative effect on the price of the stock.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this publication is not trustworthy unless verified by their own independent research. Because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may lose some or all of your investment.

Cautionary Note Regarding Forward-Looking Statements. This publication may contain forward-looking statements, including statements regarding the anticipated benefits of the Vertiv collaboration, Bitzero’s data-center development strategy, its ability to design, deliver and scale AI, HPC and hyperscale infrastructure, accelerate project execution, and secure customer demand. Forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties, including risks relating to execution of the development strategy; the availability, cost and timing of financing, power, cooling, sites, and other infrastructure; supply-chain and counterparty performance; the risk that the Vertiv collaboration does not deliver the anticipated benefits or is modified or terminated; competitive and technology-obsolescence risks; and general economic and market conditions. Actual results may differ materially. Readers should refer to Bitzero Holdings Inc.’s continuous disclosure record, including its filings available under the company’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov, including its registration statement/annual report on Form 40-F, for a full discussion of risk factors.

Cautionary Note Regarding Referenced Companies. References to Vertiv, Eaton, Digital Realty, and Applied Digital are provided solely as market and sector context. Those companies are not peers, competitors, or financial comparables of Bitzero Holdings Inc., and differ substantially in size, stage, capitalization, operations, and business model. Vertiv is a collaboration partner of Bitzero, not a comparable; the others are named for thematic context only. Their results, operations, and share performance describe those companies only, are not indicative of Bitzero Holdings Inc.’s prospects or results, and must not be relied upon in evaluating the profiled company. The AI-infrastructure and data-center sector has been volatile. No partnership beyond the disclosed Vertiv collaboration, affiliation, or endorsement is implied.

Eagle Eye Disclosure. Eagle Eye is an investor signal-intelligence platform affiliated with the publisher of this article, and this reference constitutes promotion of an affiliated product. Eagle Eye is not a broker-dealer, and nothing in the platform or in this article is financial, investment, tax, or legal advice. Data provided in the platform is for informational purposes only and may be delayed. Always do your own research before making any investment decision.

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inKind Secures $414 Million in Financing Led by Citi and Cross River, Surpassing $1.2 Billion in Total Capital Raised

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August 10, 2026

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Oversubscribed financing scales the restaurant commerce platform connecting more than 5 million diners with more than 8,500 restaurants that collectively represent nearly $30 billion in annual restaurant GMV

Citi’s participation builds on its existing relationship with inKind, as its venture capital arm, Citi Ventures, invested in the company in 2025.

AUSTIN, Texas, Aug. 10, 2026 /PRNewswire/ — inKind, the curated restaurant commerce platform helping great restaurants access capital, guests, and technology, today announced the closing of an oversubscribed $414 million second financing tranche led by Citi and Cross River alongside Sagard, Varadero Capital, and Trinity Capital. The transaction brings inKind’s total capital raised to more than $1.2 billion.

Just as Airbnb built infrastructure connecting hosts and travelers, and DoorDash built infrastructure connecting merchants and consumers, inKind is building growth infrastructure that connects restaurants with capital and high-intent guests. Its platform combines upfront capital, demand generation, financial tools, guest rewards, proprietary data, and AI-native capabilities. Today, inKind’s curated network connects more than 5 million diners with more than 8,500 restaurants that collectively represent nearly $30 billion in annual restaurant GMV.

The new commitments include:

Senior

Citi: $175 millionCross River: $150 million

Mezzanine

Sagard: $50 millionVaradero Capital: $25 millionTrinity Capital: $14 million

The closing follows Liberty Mutual Investments’ recently announced $320 million commitment as a senior anchor and mezzanine lender. With the expanded facility, inKind plans to deploy more than $1 billion in growth capital to nearly 10,000 restaurants over the next year.

The transaction marks a major milestone for inKind and the restaurant industry, bringing institutional scale to a model designed to help high-quality restaurants access growth capital while creating incremental guest demand. It also expands the capital foundation behind a commerce platform that becomes more valuable as more restaurants and diners join and its proprietary data advantage deepens.

“For more than a decade, inKind has been building a new way to finance and grow great restaurants,” said Johann Moonesinghe, co-founder and CEO of inKind. “When Rajan Moonesinghe, Andy Harris, Jonathan de Wolff and I started the company, we had to use our own capital to fund restaurants because we were building a model the market had not yet seen. It took years of performance, discipline, and proof before institutional investors began to understand the asset class we were creating. The addition of Citi, a global systemically important bank, is an important signal that the market increasingly recognizes the strength of the inKind model. This financing gives us the capacity to scale the restaurant commerce infrastructure we have spent more than a decade building.”

inKind provides restaurants with upfront growth capital and connects them with millions of high-intent guests through its curated dining network. By combining capital, commerce, demand generation, rewards, and technology on one platform, inKind helps operators create incremental revenue, build repeat customer relationships, and grow without relying solely on traditional debt, dilutive equity, or discount-driven marketing.

inKind is highly selective about the restaurants it brings onto the platform. The company focuses on restaurants guests are likely to love and want to experience again — from nationally recognized restaurant groups to standout independent operators. That selectivity is central to the strength of the model: guests trust inKind as a way to discover exceptional restaurants, operators benefit from access to quality demand, and capital providers gain exposure to a curated network designed for durability.

Since 2022, inKind has grown from approximately 1,000 restaurant partners to more than 8,500 today, collectively representing nearly $30 billion in annual restaurant GMV. The company has also grown from approximately 1 million users in March 2024 to more than 5 million users today, creating one of the largest curated restaurant networks in the United States.

“The proof is in the quality of the network,” Moonesinghe continued. “Some of the best restaurant operators in the country trust inKind, and millions of guests use our platform to discover, support, and return to great restaurants. That combination of restaurant quality, guest scale, capital infrastructure, and proprietary data is what makes inKind different.”

Building a New Commerce Model for Great Restaurants

Restaurants are one of the largest and most important sectors in the U.S. economy, but even great operators have historically lacked a growth platform designed around how restaurants actually operate. Traditional debt can be expensive and restrictive. Equity can be dilutive. Discount-driven marketing can damage brand equity and train guests to value promotions more than the restaurant itself.

inKind was built by restaurant operators to give great restaurants a better way to grow.

The company’s platform combines upfront capital, demand generation, guest rewards, financial tools, and AI-native technology designed to help restaurants bring the right guests into the room at the right times. For operators, inKind creates access to growth capital and incremental guest demand without requiring conventional debt service or ownership dilution. For guests, inKind provides a smarter way to discover exceptional restaurants, support the people behind them, and earn more toward their next experience.

Today, inKind partners with nationally recognized groups such as MINA Group, Ethan Stowell Restaurants, and José Andrés Group, as well as acclaimed independent operators including Okàn, Kann, and Superiority Burger. The company has provided more than $850 million in growth capital to restaurant partners and delivered more than $225 million in dining rewards to guests.

Institutional Capital Behind a Scalable Restaurant Platform

The new tranche significantly expands the group of institutional investors supporting inKind’s growth.

Together with Liberty Mutual Investments debt investment, the new financing provides inKind with additional long-term capacity to support restaurant operators nationwide and further validate the company’s model as an emerging institutional asset class.

inKind’s selectivity is central to both its credit model and its network economics. By focusing on strong operators and restaurants that guests are likely to love, revisit, and recommend, inKind protects guest trust and builds a network designed for durability. Better restaurants create stronger guest demand and engagement; stronger demand makes the platform more valuable to operators and more resilient for capital providers.

“This is bigger than a financing milestone for inKind,” said Moonesinghe. “It represents growing recognition that great restaurants are essential businesses, major employers, and anchors of their communities — and that they deserve a capital model designed specifically for how they operate.”

Scaling the Restaurant Growth Infrastructure

inKind is building a growth operating system for restaurants by combining capital, consumer demand, technology, financial tools, proprietary data, and AI-native capabilities on a single platform.

Because inKind operates across thousands of restaurants and millions of guests, its platform can identify patterns, demand opportunities, and guest behavior that no single restaurant group — no matter how sophisticated — could see on its own. The company believes that combining this network-level data with recent advances in artificial intelligence can create a new level of growth infrastructure for restaurants, helping operators make more informed decisions about capital, guest acquisition, demand generation, and long-term growth.

“Restaurants are among the most important engines of local job creation in America,” said Moonesinghe. “When a great restaurant grows, it creates opportunity for chefs, servers, bartenders, managers, suppliers, landlords, and the neighborhoods around them. Restaurants are also the rooms where communities gather — where birthdays, anniversaries, first dates, family dinners, and ordinary nights become lifelong memories. Our mission is to help more great restaurants open, expand, create jobs, and remain part of their communities for generations.”

Moonesinghe added: “We believe inKind is still in the early chapters of what it can become. As our restaurant network grows, we can give more great operators access to millions of guests. As our guest base grows, we can give more diners access to the best restaurants in the country. That flywheel is what we have spent the last twelve years building.”

About inKind
Founded in 2014, inKind is a curated restaurant commerce and growth platform built to help great restaurants thrive and give guests more reasons to gather around the table. Built by restaurant operators for restaurant operators, inKind provides upfront capital and demand tools that help restaurants bring in the right guests at the right times, while giving diners a smarter way to discover exceptional restaurants, support the people behind them, and earn more toward their next experience.

inKind is highly selective about the restaurants it brings onto the platform because guest trust is central to the network. By partnering with restaurants guests are likely to love, revisit, and recommend, inKind helps operators create incremental revenue while giving diners confidence that every inKind experience is worth planning around. Today, inKind connects more than 5 million guests with more than 8,500 restaurants across the United States. Those restaurants collectively represent nearly $30 billion in annual restaurant GMV. The company has provided more than $850 million in capital to restaurant partners and delivered more than $225 million in dining rewards to its users.

Learn more at inKind.com and follow @inkind.app.

Media Contact: press@inkind.com

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Pave Announces Total Rewards Live 2026, the Premier Event for the World’s Top Compensation and Total Rewards Leaders

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August 10, 2026

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Exclusive, director-and-above summit convenes on October 6 in San Francisco to tackle AI-era pay strategy, equity redesign, and the reality of pay transparency

SAN FRANCISCO, Aug. 10, 2026 /PRNewswire/ — Pave, the AI compensation platform, today announced Total Rewards Live (TRL) 2026, the premier event for compensation and total rewards leaders, taking place on October 6, 2026, in San Francisco. Reserved exclusively for leaders at the director level and above, TRL brings together 300 of the world’s top compensation and rewards executives for a day of real-time market insights, candid peer exchange, and forward-looking strategy.

Compensation is evolving more rapidly than ever. AI is transforming roles faster than job descriptions can adapt, equity programs face new pressures from talent and market forces, and pay transparency mandates are now a practical reality. TRL 2026 is designed for leaders managing these changes and is an essential event for those responsible for compensation, rewards, and talent retention.

“Comp leaders are fielding harder questions than ever, from boards, from employees, from execs who read one article and now have opinions. What they need is to engage with peers who are getting the same questions and don’t have all the answers either,” said Matt Schulman, CEO of Pave. “TRL is where the people actually setting pay strategy at the fastest-growing, most innovative companies in the world show up, compare notes, and stress-test their thinking against people who’ve made the same calls. You don’t leave with a slide deck. You leave with an answer you can defend to your board.”

A curated agenda for the moment

Anchored by Pave’s Market Trends Talk — a first look at compensation trends drawn from Pave’s real-time dataset of over 9,000 companies — the day features six discussions led by practitioners in the trenches:

Pricing the AI Workforce — how to value work when the work itself keeps changing, from leveling frameworks to pricing roles that didn’t exist six months agoEquity, Redesigned — how leaders are rethinking equity strategy as AI talent commands richer packages and employees ask harder questions about valuePay Transparency: Is 2026 a Reality Check? — what’s working, what’s backfiring, and what leaders would do differently now that mandates have been live long enough to judgeAI for Comp Teams — beyond the hype: the AI use cases delivering real efficiency gains today, and where human judgment still matters mostPay-for-Performance, Reimagined — positioning compensation as a driver of retention, performance, and business outcomes, not just an operating costThe Future of Total Rewards — bold perspectives on what the total rewards function looks like in three to five years, and what leaders should invest in now

Backed by the leaders in compensation advisory

TRL 2026 is made possible by a sponsor lineup that reflects the depth of the compensation ecosystem: Alpine Rewards, Compensation Advisory Partners, Infinite Equity, Nua Group, Pearl Meyer, and Carver Edison — firms trusted by boards and rewards teams at the world’s leading companies.

Registration

Attendance is limited to compensation and total rewards leaders at the director level and above. Seats are limited. To request an invitation and learn more, visit pave.com/trl/event.

About Pave

Pave is the AI compensation platform, purpose-built for compensation leaders. Pave connects to HRIS, ATS, and equity systems to create a unified, real-time data layer, helping teams transform hours of manual analysis into defensible, board-ready compensation decisions in minutes. Pave is built on employee records from 9,000+ companies. Learn more at pave.com.

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BACnet International Earns ASAE 2026 Power of Associations Gold Award for BTL Certification Program

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47 minutes ago

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August 10, 2026

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Association recognized for advancing sustainability, interoperability, and innovation in building automation worldwide.

MARIETTA, Ga., Aug. 10, 2026 /PRNewswire/ — BACnet International is excited to announce that the association has been selected as a 2026 Gold Award recipient in the American Society of Association Executives’ (ASAE) prestigious Power of Associations Awards program for the organization’s global BTL (BACnet Testing Laboratories) Certification Program. The recognition highlights how associations can drive industry advancement, solve complex challenges, and create measurable societal benefits.

The ASAE Power of Associations Awards honor associations whose programs demonstrate extraordinary contributions to industry and professional advancement, economic development, advocacy, community engagement, and societal improvement. BACnet International was recognized for the BTL Certification Program’s role in transforming open building automation communications into a globally trusted framework for interoperability, energy efficiency, and sustainability.

“Receiving ASAE’s Gold Award is a tremendous honor and a testament to the collaborative efforts of the global BACnet community,” said Andy McMillan, BACnet International President and Managing Director. “The BTL Certification Program demonstrates what can be achieved when competitors, engineers, and industry stakeholders unite around a common goal: creating interoperable building automation systems that deliver measurable value for building owners, occupants, and the environment.”

Created and administered by BACnet International in collaboration with the BACnet Interest Group Europe and the rest of the global BACnet community, the BTL Certification Program provides independent testing and certification for BACnet products. Before earning BTL Certification, products must undergo rigorous third-party testing to verify compliance with the BACnet standard and demonstrate interoperability with products from other manufacturers. Today, more than 1,600 BTL Certified products are deployed worldwide, supporting building automation applications across HVAC, lighting, energy management, access control, fire safety, and other critical systems.

BACnet International’s award-winning submission highlighted the program’s environmental contributions. According to a 2026 study conducted by the University of New Hampshire’s Civil and Environmental Engineering Department, BACnet-enabled building automation systems, including those that have undergone BTL testing and certification, have helped mitigate approximately 1.4 billion metric tons of carbon dioxide equivalent (CO2e) emissions globally between 1995 and 2025. By 2030, that number is projected to increase to 2.06 billion as adoption of interoperable, energy-efficient building systems expands.

Beyond environmental benefits, the BTL Certification Program has helped foster a competitive, multi-vendor marketplace that reduces integration risks, lowers costs for building owners, and expands opportunities for manufacturers worldwide. By providing a trusted framework for interoperability, the program has enabled broader adoption of building automation technologies while supporting workforce development and increasing mobility for building automation professionals.

The award also recognizes the unique role associations play in addressing industry-wide challenges. BACnet International has successfully united over 230 manufacturers, including over 160 corporate members, to collectively support a certification ecosystem that benefits the entire building automation industry and the communities it serves.

ASAE will formally recognize the 2026 Power of Associations Award recipients during its Power of Associations Awards celebration in Washington, D.C.

About BACnet Testing Laboratories (BTL)
BACnet Testing Laboratories was established by BACnet International to support compliance testing and interoperability testing activities. It consists of the BTL Manager and the BTL Working Group (BTL-WG). Its activities include publishing the BTL Implementation Guidelines document; awarding worldwide BTL Listings to qualified BACnet devices; publishing and maintaining the BTL Test Package; approving testing laboratories for BTL Testing; providing testing services through its managed BACnet laboratory; and organizing the annual PlugFest Interoperability Workshop.

About BACnet International
BACnet International is an industry association that facilitates the successful use of the BACnet protocol in building automation and control systems through interoperability testing, educational programs, and promotional activities. BACnet International oversees the operation of BACnet Testing Laboratories (BTL) and maintains a global database of tested products. The BACnet standard was developed by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and has been made publicly available so that manufacturers can create interoperable systems and products. BACnet International complements the work of the ASHRAE standards committee and BACnet-related interest groups around the world. BACnet International members include building owners, consulting engineers, and facility managers, as well as companies involved in the design, manufacture, installation, commissioning, and maintenance of control equipment that uses BACnet for communication.

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