Emission reduction solutions to the world’s largest companies. 

Trusted by our multi-national clients to deliver cost savings and energy reductions, we have a proven, profitable, and sustainable track record of growth.

Thermal Energy International are in the right market, at the right time,​ delivering growth and profitability.

Download Investor Pack
Newsletter Sign Up
HubSpot Video
TEI feature on BNN Bloomberg in 2019 [1:15]

Unprecedented Market Opportunity

Energy efficiency is the fastest, cheapest, and easiest way to reduce carbon emissions.

The business case for energy efficiency and carbon emission reductions has never been better. The market for sustainable investing has been steadily growing; in 2020, more than US$347 billion was poured into sustainable funds, and sustainability themes outperformed the market.


Aggressive Net-Zero Targets

Energy efficiency is the fastest, cheapest, and most significant way to reduce carbon emissions.

Governments and Organizations look for the quickest and easiest ways to achieve ambitious COP26 2030 carbon emission reduction targets to enable net zero by the middle of the century.


energy-saving-icon V2

Increasing Cost of Energy

Increased gas prices make payback on our projects even more compelling.

Over the last 15 months U.S. natural gas prices have almost doubled, EU prices are up almost 400% and both are forecast to stay at these levels or higher throughout 2022 and beyond.



Increasing Cost of Carbon

Increasing cost of carbon makes the payback on our projects even stronger.
EU Carbon prices have increased by approximately 150% since the beginning of 2021 and Canadian Carbon Taxes are expected to reach $170/t in 2030 (from $40/t in 2021).

What We Do

Sustainability that pays for itself.


We design, engineer and implement innovative carbon reduction solutions for major multinationals.


Our projects and suite of unique solutions deliver significant savings on our customer's energy bills, and impressive return on investment and a reduction in greenhouse gases and other emissions.

How We Do It

In partnership with the customer.


Delivered by our experienced teams through strong direct relationships with our client base of leading multinationals.


We deliver our solutions as either a complete, fully installed turn-key project or by supplying one of our proprietary solutions customized for the customer’s needs.

Product Portfolio

Unique suite of solutions.


Equipment and solutions that deliver energy and cost savings year on year with paybacks between 2-5 years and project lifetimes of 30+ years.


No other company offers large multinational companies this extensive suite of Turn-key Projects and Customized Equipment. 



Our Customers

Significant repeat business from Fortune 500 and other large multinational customers.
Our customer base provides a strong opportunity for re-occurring revenues. Over the last few years, over 40% of our order intake value has come from eight of our key corporate accounts, from 120 sites in over 20 countries. These eight key corporate accounts alone have over 800 manufacturing sites worldwide and $350 billion in revenue.


reshot-icon-wine-ERA5WT2JX4 v2

Food and Beverage


Pulp and Paper


Chemical and 





reshot-icon-hospital-R7WASPKB3F v3


Proven, Profitable, Sustainable, Growth Story


Fast-growing market with strong fundamentals.

World leaders have set new, more aggressive, global carbon emission reduction targets. The responsibility for industry to invest in proven deliverable technologies has never been stronger.

The cost of energy and carbon has significantly increased in the last year, a trend forecast to continue, further strengthening the case for energy efficiency.


energy  saving icon

Established company with multinational client base.

Focussed on large, energy-intensive industrial sites - we deliver sustainability that pays for itself.
Proprietary and proven solutions provide high ROI with short, compelling payback


Proven track record of growth and profitability.

With an impressive pre-COVID 5 year CAGR of 31%, we spent 3 years in a row named as one of Canada's Top Growing Companies.  

Our Custom Equipment orders and revenue have already exceed pre-pandemic levels, and Turn-key Project development activity levels are at the highest level in our history.

Plan to continue growing organically and through accretive acquisitions



The Investment Opportunity

Watch our latest presentation from CEO William Crossland.

Download the investor pack for an overview of who we are, the market opportunity and our financial highlights.

HubSpot Video
CEO William Crossland presents our investment opportunity to Smallcap Discoveries (45:04)

Featured Content

Stay Connected.

Sign up to receive press releases, market information and TEI news directly to your inbox. 

By clicking submit, you consent to allow Thermal Energy International Inc. to store and process the personal information submitted above to provide you the content requested.


Where is Thermal Energy International headquartered?

Thermal Energy is headquartered in Ottawa, Canada and Bristol, UK. 

What is Thermal Energy International’s Fiscal Year?

Our fiscal year runs from June 1st to May 31st. 

On what stock exchanges are Thermal Energy International shares traded and what are the ticker symbols?

The company’s common shares are traded on the Toronto Venture Exchange under the symbol TMG and the OTCQB market in the United States under the symbol TMGEF. 

Who are Thermal Energy International's Transfer Agent?

Mailing Address:
TSX Trust Company
Montreal, QC H3B 3K3
Local: 514 285-8300
Toll-Free: 1-800-387-0825 (Canada and U.S. only)

Fax: 1-888-249-6189