Parent Of Broker Acquires Meter-Reading Company

November 17, 2020

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Reporting by Paul Ring • ring@energychoicematters.com

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"Representing a growth strategy focused on clean energy, Veolia North America, through its energy subsidiary, SourceOne Inc., has acquired Energenix, a Boston-based utility meter reading and billing service that provides services throughout Eastern Massachusetts," Veolia said

SourceOne operates as a broker and energy management company, among other services, including various engineering services

"The acquisition makes Veolia North America the leading provider of meter reading and billing services in the Northeast, with a portfolio of over 700 buildings and 200 customers. The offering represents a key component of the company’s growth strategy to provide advanced energy management technologies and programs to building owners, facilities managers and energy consumers throughout the region," Veolia said

"With this acquisition, we are strengthening our position as a trusted provider of energy services where innovation and vision lead to greater efficiency and sustainability," said Matt Madeksza, Veolia North America President and CEO.

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