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Case study

Kingsmede

Our results show our process remains effective even in difficult conditions. For example, while average market offers rose by over 50% at some locations, Energy Action’s reverse auctions narrowed increases to around 17% to 18% with select retailers.

The client

Kingsmede is a privately owned Australian property group. They manage and develop commercial and industrial real estate across Sydney and Brisbane. The company maintains long-term ownership of its assets and aims to deliver strong financial outcomes while providing exceptional spaces for tenants.

The Problem

Kingsmede operates across a broad mix of property types and locations, which creates complexity when securing energy contracts.

Market volatility added to this challenge, with electricity price rises across most sites. During procurement events in early 2025.

Some offers came in 50% to 60% above expiring rates.

“Kingsmede are a sharp, experienced client. They understand how the market moves and are always ready to act decisively. That makes it easy to deliver strong outcomes.”
Energy Action

The Solution

Energy Action has supported Kingsmede since 2022 with procurement across commercial, industrial, and mixed-use buildings. Every event has focused on achieving price competitiveness, reducing risk, and simplifying decision-making.
Recent results show our process remains effective even in difficult conditions. For example, while average market offers rose by over 50% at some locations, Energy Action’s reverse auctions narrowed increases to around 17% to 18% with select retailers.
Kingsmede

For example, while average market offers rose by over 50% at some locations, Energy Action’s reverse auctions narrowed increases to around 17% to 18% with select retailers.


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