Printer Friendly

Acquisition creates nation's biggest electricity demand response provider.

ConsumerPowerline, the industry's cutting edge strategic energy asset management company acquired Ancillary Services Coalition (ASC), California's leading demand response provider.

The joint company will be the nation's largest electricity demand response provider with more than 700 Megawatts under management--the equivalent of providing electricity to power 700,000 homes or 175 million square feet of office space.

Terry Rich, executive vice president of ASC stated "The combination of ASC and ConsumerPowerline will provide incredible opportunity for our current clients to tap into the expertise and skill set that ConsumerPowerline has developed and honed over the past six years.

"Specifically, we can now offer the firm's broad range of products: comprehensive engineering insight, monitoring, budgeting and forecasting and a broad range of market equations that help clients operate more intelligently to create new stream of cash and savings."

ConsumerPowerline has established a six-year track record in the metropolitan New York area of working with some of the nation's leading commercial, residential and industrial property owners to manage their participation in the local electricity markets, and has helped its clients turn their energy consumption into a recurring revenue source.

"We anticipate that through the addition of ASC to Consumer Powerline, we will quickly build a critical mass both in California and nationally to help make demand-response a vital component of the nation's suite of energy solutions," said Reena Russell, of Consumer Powerline.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:ConsumerPowerline, Ancillary Services Coalition
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Jun 7, 2006
Previous Article:Managing the risk of facilities management outsourcing.
Next Article:IREM recognizes Charles Grassley.

Related Articles
Standing the electric industry on its head.
Let there be light.
Blackout 2003 impact on economy and development.
Blackout 2003: a study on alternative demand structures.
Energy managers get ready to handle the summer strip.
Energy debate continues as Con Ed cranks it up.
City's real-life power rangers take the stra in time of crisis.
Power company asks regulators to re-write the rules.
Energy firm identifies millions in untapped energy savings.
Energy broker hails veto of plan to shrink price caps.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters