Commonwealth of Massachusetts Centralizes Energy Management with EnerNOC’s Energy Intelligence Software
05 May 2016 - 12:35AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS) and demand response solutions,
announced today that the Commonwealth of Massachusetts’ Division of
Capital Asset Management and Maintenance (MA DCAMM) selected
EnerNOC’s EIS to manage energy costs across a portfolio of over 420
state-run facilities, including universities, administrative
buildings, courthouses, hospitals and other multi-purpose
buildings. The $5.6 million dollar, three-year agreement, which is
the result of a competitive bidding process that evaluated EnerNOC
against several other proposals, will help the Commonwealth track
and advance progress toward greenhouse gas (GHG) and energy usage
reduction goals, and promote energy management best practices.
EnerNOC’s software will also drive operational efficiencies for the
Commonwealth by making it easier for users to identify and
prioritize capital investments, as well as measure and verify
savings achieved through discrete energy projects,
“This innovative program further signals our commitment to using
advanced technologies and cutting edge strategies to make state
government more efficient, cost-effective and environmentally
sound,” said Governor Charlie Baker. “This initiative will ensure
that Massachusetts continues to lead the nation in energy
efficiency standards and reducing greenhouse gas emissions.”
“As our nation’s leader in energy efficiency, we applaud
Massachusetts’ commitment to innovation, maintaining its first
place status, and meeting its aggressive GHG reduction goal of 25%
by 2020," said Tim Healy, Chairman and CEO of EnerNOC. "EnerNOC's
energy intelligence software provides the visibility and insights
that entities like the Commonwealth of Massachusetts need to drive
further efficiency and accountability into how they manage
energy.”
To learn more about the challenges EnerNOC’s enterprise energy
intelligence software solves, go to:
https://www.enernoc.com/products/businesses/capabilities.
About EnerNOC
EnerNOC is a leading provider of energy intelligence software
(EIS) and demand response solutions. With capabilities to better
address budgets and procurement, utility bill management, facility
analysis and optimization, sustainability and reporting, project
tracking, and demand management, EnerNOC’s enterprise SaaS platform
helps businesses control energy costs, mitigate risk, and
streamline compliance and sustainability reporting. EnerNOC also
offers access to more demand response programs worldwide than any
other provider, offering businesses a valuable payment stream to
further enhance bottom line results. EnerNOC’s utility SaaS
platform enables energy suppliers to forge deeper customer
relationships, address regulatory mandates, and cost-effectively
integrate demand-side resources to improve grid reliability through
key capabilities, including customer engagement, demand response,
energy efficiency, operational effectiveness, and wholesale
procurement. For more information, visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management’s future
expectations, beliefs, intentions, goals, strategies, plans or
prospects, including, without limitation, statements relating to
the future growth and success of the Company’s energy intelligence
software, and the benefits that customers may derive from
technology updates or enhancements to that software, may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other federal
securities laws. Forward-looking statements can be identified by
terminology such as “anticipate,” “believe,” “could,” “could
increase the likelihood,” “estimate,” “expect,” “intend,” “is
planned,” “may,” “should,” “will,” “will enable,” “would be
expected,” “look forward,” “may provide,” “would” or similar terms,
variations of such terms or the negative of those terms. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors including those risks,
uncertainties and factors referred to under the section “Risk
Factors” in EnerNOC’s most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q, as well as other
documents that may be filed by EnerNOC from time to time with the
Securities and Exchange Commission. As a result of such risks,
uncertainties and factors, the Company’s actual results may differ
materially from any future results, performance or achievements
discussed in or implied by the forward-looking statements contained
herein. EnerNOC is providing the information in this press release
as of this date and assumes no obligations to update the
information included in this press release or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
EnerNOC Media Relations:
Robin Woodcock
617.692.2601
news@enernoc.com
EnerNOC Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
Enernoc, Inc. (MM) (NASDAQ:ENOC)
Historical Stock Chart
From Apr 2024 to May 2024
Enernoc, Inc. (MM) (NASDAQ:ENOC)
Historical Stock Chart
From May 2023 to May 2024