SEATTLE — McKinstry, a national design, build, operate, and maintain (DBOM) firm, has announced the sale of its Enterprise Energy Management (EEM) software to Energy Hippo Inc.
Energy Hippo is run by former McKinstry employees and contractors, many of whom came to McKinstry as part of its acquisition of EEM Suite™ from Itron in 2010. That purchase coincided with the growth of McKinstry’s work consulting with building owners and operators to make facilities more energy efficient.
The software, which McKinstry has been using since 2007, enables it to monitor, analyze, and report on buildings’ energy and water usage. McKinstry will license EEM from Energy Hippo and continue to use it as part of its energy management offerings.
“This acquisition is a wonderful win for everyone,” said Mike Porter, director of operations in McKinstry’s Facilities Services group. “It’s a great opportunity for Energy Hippo and it better enables McKinstry to focus on our core competency of serving our clients as trusted advisors on building systems, operations, and energy efficiency. Importantly, this change will be valuable to EEM customers, who will benefit from Energy Hippo’s dedicated and expert focus on further investing in and advancing the software.”
Nitin Manchanda, CEO of Energy Hippo Inc., said he is thrilled by the chance to take the EEM software to new heights.
“We see so many possibilities for our clients,” Manchanda said. “We’re eager to use our vast experience to enrich the software’s capabilities and provide even more value to our clients in coming years.”
Since the 2010 EEM acquisition, McKinstry said it has continued to develop and refine its energy management capabilities, and has made cutting energy usage a key element of its variety of building services.
For more information about McKinstry, visit www.mckinstry.com.
Publication date: 4/20/2015