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CLEAResult Acquiring Ecova's Utility Division (M&A)
CLEAResult,ENGIE Insight
Date: 2018-01-31
Austin, Texas-headquartered CLEAResult, the largest energy efficiency programs and services for utilities provider in North America, reports it has agreed to acquire the Utility Division of Ecova (aka ENGIE Insight). The acquisition will expand CLEAResult's ability to help its utility clients enhance customer experience and deliver greater energy efficiency savings to their residential, commercial and industrial customers. The transaction is expected to close in Q1 2018

The acquisition will broaden CLEAResult's retail-based and midstream demand side management programs and network of relationships across home improvement retailers, global lighting, smart thermostat and other efficient product manufacturers. CLEAResult plans to leverage the combined offerings to continue to transform retail-based and midstream demand side management programs through key innovations such as digital instant rebates and digital marketplace applied to leading-edge smart-thermostat, low income and renewables programs. ENGIE Insight's Utility Division will be rebranded CLEAResult. (Source: CLEAResult, PR, 29 Jan., 2018) Contact: ENGIE Insight Services, Mark Henderson, Chief Utility Officer, www.engieinsight.com; CLEAResult, Aziz Virani, CEO, www.clearesult.com

More Low-Carbon Energy News CLEAResult,  ENGIE Insight,  ECOVA,  Energy Efficiency,  

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