Aug. 26, 2014: Energy Efficiency Firm CLEAResult Acquires Populus
Acquisition Expected to Expand CLEAResult’s Capabilities
AUSTIN, Texas — CLEAResult, a leader in designing and implementing energy efficiency programs for utilities, governments, schools, and businesses, announced that it has acquired Populus LLC, headquartered in Boulder, Colorado. Terms of the transaction were not disclosed.
Populus provides energy advisor programs that the company says have achieved over 70 percent participation rates for the implementation of energy efficiency measures. Populus’s core area of expertise is comprehensive residential programs that engage customers to make investments in energy efficiency.
“The addition of Populus to CLEAResult allows us to offer our clients an innovative, high-touch approach that successfully guides utility customers along their energy efficiency journeys,” said Glenn Garland, chairman and CEO, CLEAResult. “Populus’s approach is a natural extension to our residential offerings. In addition, the Populus team’s focus, strong leadership, and innovative expertise will allow our combined teams to bring next-generation energy efficiency solutions to our clients.”
“By joining the CLEAResult team, we vastly increase our ability to affect energy use on a much greater scale by making our energy efficiency programs more accessible to millions of utility customers across North America,” said Laura Hutchings, CEO, Populus. “We are very excited about our combined potential to serve a broader set of clients as well as the career opportunities it will create for our team members.”
Populus services will now be offered as part the CLEAResult brand while retaining offices and teams in the greater Boulder, Colorado, area. CLEAResult plans to expand availability of these offerings to its clients globally.
For more information, visit www.clearesult.com.
Publication date: 8/25/2014