Energy management services firm World Energy Solutions has acquired Northeast Energy Solutions, a privately-held energy efficiency company. The acquisition provides World Energy an immediate foothold in the New England market, where utility incentives are available for commercial and industrial energy efficiency projects.
The move accelerates the growth of World Energy’s energy efficiency practice, complementing the recent addition of Bruce Buckbee and John Duquette, who joined the Company in July. Together, this expanded team provides World Energy the expertise, relationships and capabilities to plan and execute comprehensive energy efficiency services, including lighting, mechanical and HVAC retrofits and energy management systems for small and mid-sized C&I customers.
“The energy efficiency market holds great potential for World Energy,” said Richard Domaleski, CEO of World Energy Solutions. “Not only is it a large and growing market, but more and more customers are asking for our help with efficiency as we take on a wider swath of their energy management needs. The addition of Northeast Energy Solutions bolsters our energy efficiency capabilities, giving us immediate access to new customers and cross-sell opportunities.”
Based in Cromwell, CT, Northeast Energy Solutions is a regional provider of energy efficiency services, completing numerous energy efficient HVAC, refrigeration controls and other mechanical system upgrades for its commercial, industrial and institutional customers.
It is World Energy’s second acquisition in as many months. In September DigiNet reported that World energy had acquired Co-eXprise’s energy procurement business
USA, Cromwell, CT & Worcester, MA
- World Energy Solutions acquires Co-eXprise’s energy procurement business Posted on September 14, 2011