The partnership with ProStar, which has a range of offerings, including HVAC optimization, patented internet-of-things (IoT)- and artificial intelligence (AI)-powered controls and monitoring, energy procurement, and more, is an important step toward Crete United’s near-term revenue target of $1 billion, the company said.

“We couldn’t be more excited to begin this partnership with ProStar, which shares our mission to make the places we live, work and play healthier,” said Crete United CEO Mike Cox. “ProStar’s energy-efficiency services accelerate the Crete United platform by creating a unique set of offerings for our customers.”

ProStar serves as a strategic advisor to organizations of all sizes and sectors across the nation, offering data-backed energy-efficiency solutions that, on average, lead to a 30% base load reduction, the press release said.

“The opportunity for businesses across the country to enhance their building operations through energy efficiency has never been greater,” said Eric Sudol, president of energy efficiency at Crete United and the CEO of ProStar.

Crete United will establish a regional office at ProStar’s location in Frisco, Texas. Charlotte, North Carolina-based Ridgemont Equity Partners, which provided growth capital to the company in 2022 along with the founders and management, will continue to support Crete United’s strategic growth initiatives.