Deals & Partnerships

Making Efficiency Attractive to Investors

Carl Weinschenk

Steven Fawkes – a senior adviser to the Investor Confidence Project and a member of the Investment Committee of the London Energy Efficiency Fund – is trying to get investors in the UK interested in things such as insulation, draft proofing and changing out inefficient old boilers. He is quoted at The Fifth Estate as   …Continue Reading

C-PACE Financing Innovation to Help Connecticut Green Energy Sector

Carl Weinschenk

Green energy upgrades are a bit more attainable in Connecticut due to an innovation in financing. Connecticut is one of the states in which financing at aimed helping commercial, industrial and nonprofits pay for green projects is available through Commercial Property Assessed Clean Energy (C-PACE) loans. Last week, Greenworks Lending said that it had completed the first four   …Continue Reading

Celtic Bank Backs Solar to the Tune of $43 Million

Carl Weinschenk

Celtic Bank has recently facilitated in $43 million in solar projects. The deals were in the small- to mid-size commercial solar renewable energy sector and are backed by 20- to 25-year power purchase agreements. The funds will be used to install solar panels for distributed generation, community solar and to sell excess energy back to the local   …Continue Reading

Pepco-Exelon Merger Rejected

Karen Henry

The Public Service Commission of the District of Columbia has unanimously rejected the proposed merger of Exelon and Pepco Holdings, stating that the utilities have not persuaded the Commission that the merger is in the public’s interest. Exelon announced the $6.83 billion acquisition of Pepco in April 2014. The merger would bring together Exelon’s three electric   …Continue Reading

Siemens to Install Microgrid on Native American Reservation

Karen Henry

Blue Lake Rancheria, a Native American reservation in Northern California, and Humboldt State University’s Schatz Energy Research Center have partnered with Siemens to build a community microgrid to power the government offices, economic enterprises, and critical Red Cross safety shelter-in-place facilities across 100 acres. The microgrid, funded in part through a $5 million grant from   …Continue Reading

Envision Solar, ChargePoint Partner for EV Charging

Linda Hardesty

Envision Solar and ChargePoint are partnering in the US and Canada to offer ChargePoint chargers on Envision Solar’s solar powered electric vehicle (EV) charging products. ChargePoint’s customers will be able to access EV charging in locations where it is too difficult or expensive to install utility grid-tied units. Envision Solar’s EV ARC fits inside a parking   …Continue Reading

EnTouch Controls Raises $6M in Series C Funding

Linda Hardesty

Energy management firm EnTouch Controls closed the initial round of a $6 million Series C financing. Investors in the company include Trailblazer Capital, SJF Ventures and NRG Energy. The company, which provides energy management as a service (EMaaS) to restaurant and retail companies, says it acquired more than 1,000 customer locations in the first half   …Continue Reading

Curtis Stout Represents Orion Lighting Products in Mid-South

Linda Hardesty

Orion Energy Systems, a designer and manufacturer of energy-efficient retrofit lighting platforms, announced that Curtis Stout will represent all Orion lighting products in the mid-south region of the US. Curtis Stout will serve as the company’s representative to increase Orion’s market presence in Arkansas, Louisiana, Mississippi and the greater Memphis area. Orion manufactures and markets   …Continue Reading

Yardi Acquires Energy Procurement Firm

Linda Hardesty

Energy management software firm Yardi acquired the energy services provider MCEnergy and says the purchase will expand its business sphere with expertise in energy procurement, energy and environmental reporting, submetering and budgeting. MCEnergy’s services include contract negotiations with electricity, natural gas, fuel oil and renewable energy suppliers. MCEnergy also offers turnkey submetering and energy tracking   …Continue Reading

With Purchase of ResCom, PowerOne Transitions from Broker to Retail Energy Provider

Cheryl Kaften

PowerOne has finalized the purchase of a 100 percent interest in ResCom Energy, the Chicago-based competitive energy marketer announced on August 18. The disclosure follows acceptance by the Federal Energy Regulatory Commission (FERC) on August 6 of PowerOne’s request for approval of the ResCom purchase. ResCom already is an established retail energy provider, licensed to operate in   …Continue Reading