Energy Procurement, Management Consultant Acquires Energy Management And Sustainability Platform
June 24, 2019 Email This Story Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
The following story is brought free of charge to readers byEC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Integrated Energy Services, which offers energy procurement among a suite of services, announced that it has acquired MACH Energy, an energy management and sustainability software platform.
Terms of the transaction were not disclosed.
Integrated Energy Services is a portfolio company of Gainline Capital Partners
"iES and MACH provide a comprehensive set of solutions to increase building efficiency and net operating income ('NOI') while improving the resiliency and reliability of the power grid," Integrated Energy Services said
Brock Nigg, iES's Founder and CEO, stated, "iES's mission to decarbonize the grid in partnership with our building owner and facility and property management clients requires both scale and engagement. MACH's team, platform and blue-chip customer base are highly complementary to this mission and we are thrilled to come together. Our combined passion to help our building clients increase NOI and participate in decarbonization and other sustainability initiatives will drive tremendous value for customers."
Integrated Energy Services' platform provides grid relationship management and demand response services to commercial electricity customers, allowing customers to monitor real time energy data, generate savings, improve building efficiency, and achieve environmental and sustainability goals.
Other services include ICAP Tag Advisement and energy purchasing.