Brightergy Acquires Broker/Energy Procurement Consultant

Brightergy announced that it acquired the supply-side (energy procurement) division of Acumen Energy Solutions, an energy management firm based in Overland Park, KS.

"The acquisition marks the formation of a new department within Brightergy for Management of Electrical Power and Gas; Acumen's former supply-side team members, clients, and processes are being fully integrated into Brightergy. The move will enhance the company's ability to provide holistic energy analysis to its business and nonprofit clients, acting as an outsourced energy manager," Brightergy said.

"The expertise of our new energy management team members is a major reason for this acquisition," said Brightergy CEO Adam Blake. "To date, we've focused on capital projects that enable clients to take control, create their own energy, and reduce energy consumption. This deal furthers our goal of being able to offer comprehensive energy intelligence, analysis, and risk management."

Brightergy has built its client base and business to date primarily through the financing, development, and installation of rooftop solar-energy projects, with over 1,000 commercial projects.

In late 2013, Brightergy announced a strategic alliance with global engineering firm Black & Veatch, as well as a partnership with Capstone Turbine Corporation to be the exclusive distributor of Capstone MicroTurbines in Missouri and Kansas. The company introduced energy efficiency financing and projects in 2013.