CLEAResult Acquires Leading Government Energy Sustainability Consultancy Energetics

Source: www.gulfoilandgas.com 2/15/2024, Location: North America

CLEAResult, North America’s largest energy efficiency and energy sustainability services provider, announced the acquisition of Energetics, a leading energy sustainability consultancy serving government, utility, institutional and commercial clients across the US. This strategic acquisition will bring 120 energy and sustainability experts to the CLEAResult team, expanding its capabilities to provide comprehensive energy transition and carbon consulting services, including deep expertise supporting the federal government. As part of this acquisition, all of Energetics’ employees and service offerings will join CLEAResult and form a dedicated unit within its established Energy Sustainability Services business.

“This strategic acquisition propels CLEAResult to the forefront of the energy sustainability consulting landscape in North America,” said Rich McBee, CLEAResult President and CEO. “This is a terrific move for both companies, as it expands access to new markets and customers seeking industry-leading solutions. The Energetics team will greatly benefit from joining a market-leading, dedicated sustainability business like CLEAResult, with more than 20 years of established expertise in energy efficiency and sustainability. Together, we’ll deliver impact on an even larger scale.”

The acquisition of Energetics significantly expands CLEAResult’s consulting capabilities and service offerings while also providing an established practice serving federal government customers. Energetics’ deep understanding of government energy sustainability needs and expertise in navigating energy policy will prove especially valuable in the wake of once-in-a-generation investments from the Infrastructure Investment and Jobs Act (IIJA, more commonly known as the Bipartisan Infrastructure Law) and the Inflation Reduction Act (IRA). These landmark policies will strongly impact both federal and state-level energy programs, and with the addition of the Energetics team, CLEAResult is uniquely positioned to help clients maximize these opportunities.

"The Energetics team that clients know and trust will remain unchanged and continue to operate under Joan Pellegrino’s leadership," said Divakar Jandhyala, Chief Product and Technology Officer at CLEAResult. "Clients can count on the same level of expertise, dedication and personalized support they've come to value from Energetics, and will now have access to the industry’s largest number of energy efficiency engineers, program managers and implementation teams. CLEAResult and Energetics will be even better equipped to provide exceptional service with an even wider range of capabilities, talent and resources."


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