Historically a U.S.-based market, energy service companies are now generating increased interest abroad
November 3, 2015
Energy service company (ESCO) work in the United States already has a solid foundation in the public sector, backed by policy and economic drivers. However, in order to achieve more aggressive growth, the industry is expected to seek new opportunities in the private sector.
The project will pay for itself through reduced utility and operational costs
August 20, 2015
Pueblo City Schools D60, in partnership with McKinstry, has begun implementing energy savings measures that will save the district more than $14 million in energy and operational savings over the next 20 years.
Siemens Government Technologies will hold this energy savings performance contract
June 29, 2015
The U.S. Army Corps of Engineers (USACE) has selected Siemens as one of the contract holders for a base contract award that now gives the company the opportunity to bid on the design, construction, and operation of a variety of energy savings projects across the U.S. government.
ESCO opportunities are expanding in the United States and Europe
June 8, 2015
The United States energy service company (ESCO) market is expected grow from $6.3 billion in 2015 to $11.5 billion in 2024, while ESCO revenue in Europe is projected to grow from $2.7 billion to $3.1 billion, according to a report from Navigant Research.
Certification Validates Company’s Record of Helping Federal Agencies Reduce Costs Through Energy Savings
December 27, 2013
Southland Energy, a division of Southland Industries, announced that it has been approved by the U.S. Department of Energy (DOE) as a qualified energy service company. The certification validates Southland Energy’s track record of helping federal agencies reduce costs through energy savings solutions.
Over the Next Seven Years Growth Is Expected to Resume
October 16, 2013
The energy service company (ESCO) market in the United States has gone through a difficult period in recent years, according to Navigant Research. A new report from the firm, however, indicates that growth in the U.S. ESCO market is set to resume.
Southland Energy Enters the Energy Services Company (ESCO) Marketplace
August 23, 2013
Southland Industries, one of the nation’s largest mechanical, electrical and plumbing (MEP) contractors providing engineering, construction, service, and energy service solutions, announced that it has expanded its energy services group.
Ameresco Inc. announced that it has completed the purchase of substantially all of the assets of Ennovate Corp., an energy service company active throughout Colorado, Montana, Nebraska, and Wyoming. Terms of the transaction were not disclosed.
Consolidation in the energy service company (ESCO) market is expected to continue through the remainder of this decade, resulting in an industry structure concentrated to a large extent in a group of very large companies focused on serving the federal government, according to a new report from Pike Research.