Optimum Energy announced that it has raised a follow-on investment from Edison Energy, a subsidiary of Edison International. This investment expands the financing round announced in June, which included Columbia Pacific Advisors, Navitas Capital, and Johnson Controls.
Optimum Energy is the leading provider of enterprise energy optimization solutions. The top tier of environmentally conscious Fortune 100 companies have come to depend on Optimum Energy’s proven track record of fulfilling and exceeding corporate sustainability objectives. As the only provider that delivers True Optimization™, Optimum Energy reduces operational expenses by as much as 50%. Optimum achieves this by reducing energy and maintenance costs, while increasing the productivity of corporate facility support personnel. Optimum’s patented solutions enable Real-Time Dynamic Commissioning™, which fights performance drift and enables automated, continuous commissioning through dynamic adaptation of the entire cooling system. For more information, please visit www.optimumenergyco.com.
Source: Optimum Energy Press Release, August 26, 2013.