ACHRNEWS

Software: Silicon Energy, and Conectiv Solutions

July 6, 2000
Silicon Energy Corp. (Alameda, CA) announced the closing of a $20 million round of strategic investment to fund expansion of sales, marketing, and engineering efforts for its Enterprise Energy Management (EEM) software products.

Silicon Energy and Conectiv Solutions (Wilmington, DE) announced a strategic alliance to provide customers with an integrated energy management system. As a result of the alliance, Conectiv will be able to monitor detailed, real-time information about a company’s current energy usage in order to reduce energy costs.