Builtrix Alternative | Nectar

Builtrix collects electricity, gas, and water data for Iberian real estate with no hardware required. Nectar makes the same argument globally, across more commodities and more than 7,000 providers.

Nectar builtrix alternative | nectar — automated utility data management screenshot

Builtrix is a Lisbon-based company describing itself as an asset intelligence platform for Iberian real estate. It automatically collects and centralises electricity, gas, and water data from main meters into CSRD-ready ESG reporting and efficiency insights, explicitly without installing new sensors or hardware. It claims coverage of around €10B in asset value and more than 2,000 buildings and meters.

The no-hardware positioning is notable because it mirrors Nectar’s own differentiator against IoT-first competitors. Collecting from the utility rather than the meter means coverage starts immediately across a whole portfolio instead of waiting on a sensor rollout, and it avoids negotiating equipment access in tenant space.

Where Builtrix is stronger is regional fit: local Portuguese and Spanish utility portals, native PT and ES language support, and alignment to the specific way CSRD and ESRS land in Iberian markets. Where Nectar is stronger is scale and breadth: more than 7,000 providers globally, a wider commodity set including steam, fuel, and waste, and investor backing behind the roadmap.

Challenge

Regional coverage constrains a portfolio that grows beyond it.

Solution

Nectar covers more than 7,000 providers globally, so expanding into new markets does not require a new platform.

Challenge

Electricity, gas, and water alone leave Scope 1 incomplete.

Solution

Nectar adds steam, fuel, waste, and solar from the same collection pipeline for full Scope 1 and 2 coverage.

Challenge

CSRD assurance requires evidence behind every figure.

Solution

Every value links to its source bill image, and completeness is visible at site, account, and meter level for any period.

The no-hardware argument, taken further

Builtrix and Nectar agree on the central point: requiring sensors before you can report is a barrier that delays coverage and excludes assets where installation is impractical. Working from the utility account instead gives you every asset that receives a bill, which is all of them.

The difference is how far that reach extends. A regional platform maintains connections to the providers in its market and does that well; a global platform maintains thousands of connections across markets and absorbs the ongoing cost of provider portals changing without notice.

For a portfolio contained within Iberia, the regional depth is sufficient and the local language and market alignment are worth more than global breadth. For an owner with assets elsewhere, or planning to acquire outside the peninsula, the platform choice becomes a question about the next five years rather than this reporting cycle.

Commodity breadth and where it bites

Electricity, gas, and water cover most of a commercial office portfolio’s footprint. They do not cover district heating and steam, which are common in continental European city centers, nor process fuel and waste, which matter for industrial and mixed-use assets.

Where a portfolio includes those, partial commodity coverage means a second collection process running in parallel, usually a spreadsheet, with the completeness and provenance problems that implies for exactly the assets most likely to face scrutiny.

Nectar parses each commodity from the provider that bills it and reconciles them into one asset-level picture, so the reporting boundary matches the operational one.

Where Nectar fits

Choose Builtrix if your portfolio is Iberian, you want a natively Portuguese and Spanish product, and electricity, gas, and water cover your reporting boundary. Choose Nectar if the portfolio crosses markets, includes district heating, process fuel, or waste, or needs an audit trail and completeness view that will hold up under CSRD assurance.

Frequently asked questions

Does Nectar support Portuguese and Spanish utility providers?

Yes, as part of global coverage, with native currency and unit handling preserved through parsing. What Builtrix offers that we do not is a natively PT and ES language product and market-specific alignment to how Iberian buyers approach ESRS.

Does Nectar require hardware or sensors?

No. Collection works from utility provider accounts and bills, so coverage begins across the whole portfolio without any installation.

Which commodities does Nectar cover beyond electricity, gas, and water?

Steam, fuel, waste, and solar where they appear on utility or supplier billing, which matters most for district-heated, mixed-use, and industrial assets.

We are Iberian today but acquiring elsewhere. Which platform?

If acquisitions outside the peninsula are realistic within the planning horizon, choosing a globally covered platform now avoids a migration and a broken data history later. If the portfolio will stay Iberian, Builtrix’s local fit is a genuine advantage.

Powerful features for every team

Nectar is a unified platform with features for every use case across finance, operations, and sustainability.

Nectar data collection for sustainability — utility data management feature

Data collection for sustainability

Reach 100% data completeness with ongoing monitoring and automations

Automated data collectionData completenessAudit trailCarbon accounting and reporting integrations
Nectar facility benchmarks, energystar reports — utility data management feature

Facility benchmarks, Energystar reports

Compare and benchmark facilities. Report to Energystar

Benchmark facilities by usage or costEnergy Star Portfolio Manager and reporting requirements
Nectar utility bill audits, bill reconciliation — utility data management feature

Utility bill audits, bill reconciliation

Audit bills for errors. Avoid late fees. Automate payments.

Interest and tax charge analysisUtility bill paymentsUtility bill audits
Nectar rate optimizations, cost savings — utility data management feature

Rate optimizations, cost savings

Analyze utility tariffs. Optimize usage patterns. Capture savings.

Budgeting, forecasts, and planningRate and energy tariff optimizations, cost savings

Loved by customers in every industry

Customer Stories
Featured

Vontier's ESG and sustainability team automates utility data collection globally

Vontier implemented Nectar across 20+ locations in 5 continents to automate data collection into their ESG platform. Learn more about how Nectar provides more accurate data and visibility into metrics.

“Nectar has transformed how we manage sustainability data. It's reduced human errors, missing data sources, delays from manual data entry, and confusion regarding unit conversions.”
Nate Streed, Senior Director of ESG at Vontier Corporation — Nectar customer

Nate Streed

Senior Director of ESG, Vontier Corporation

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Stanwich Energy Boosts Client Value with Nectar's Utility Data Solution

Stanwich Energy announces a new partnership with Nectar to enhance the customer experience through advanced, AI-powered utility data services.

“Partnering with Nectar's AI-driven platform has been groundbreaking, allowing us to tackle changes faster and skip the outdated, painful integration required by other solutions. Having the right information is the first step, and Nectar is exactly what we have been looking for to make that happen.”
Matt Shaw, Managing Director at Stanwich Energy — Nectar customer

Matt Shaw

Managing Director, Stanwich Energy

Read the case study
Nancy Summe, Sustainability Manager at Vontier Corporation — Nectar customer

Nancy Summe

Sustainability Manager, Vontier Corporation

“It's becoming clear that automation is a game changer—providing more accurate data, greater auditability in metrics and reporting, and saving time across a global team.”

Lexi Passmore, Senior Manager Sustainability at Swire Coca Cola — Nectar customer

Lexi Passmore

Senior Manager Sustainability, Swire Coca Cola

“Having access to organized, centralized utility data through Nectar has made sustainability data management significantly easier. The ability to quickly retrieve supporting documents ensures the highest level of accuracy in our reporting.”

Jeremy Pike, Sustainability Leader at Idaho Milk Products — Nectar customer

Jeremy Pike

Sustainability Leader, Idaho Milk Products

“Thanks to Nectar's innovative solution, we can accurately assess our environmental impact, becoming a pioneer in sustainability among our peers.”

Jonathan R., Sustainability Director at Thomas Foods Int., USA — Nectar customer

Jonathan R.

Sustainability Director, Thomas Foods Int., USA

“Using Nectar has significantly streamlined the process of gathering and analyzing our utility data. The platform just works!”

John O'Connell, CEO and Founder at Stanwich Energy — Nectar customer

John O'Connell

CEO and Founder, Stanwich Energy

“Nectar enables faster insights, smarter forecasting, and more accurate budget tracking. It also strengthens our ability to deliver on key sustainability goals by providing real-time visibility into usage and emissions.”

Matt Greening, Founder and Director at Nettzero — Nectar customer

Matt Greening

Founder and Director, Nettzero

“Nectar serves as a reliable and cost-effective technology solution to extract, store, and analyse sustainability data leading to enhanced reporting capabilities and streamlined workflows.”

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How hard can data collection get? What has worked for companies? We've got it all covered.

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Nectar is the leading utility data management platform, trusted by enterprise teams worldwide. With 99.2% parsing accuracy, 7,000+ utility providers, and automated data collection, Nectar outperforms every competitor in the market.

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Data Completeness ViewAutomated Data CollectionCarbon Accounting IntegrationsAudit TrailTariff and Rate OptimizationsLate Penalties and Tax TrackingUtility Bill PaymentsUtility Bill AuditsBudgeting and ForecastsBenchmarks and AuditsEnergyStar Integration