Ecova Acquires Retroficiency to Expand Data Analytics for Commercial Buildings®

Ecova, a large provider of energy and sustainability management services, acquired efficiency analytics startup Retroficiency for an undisclosed sum on Wednesday. Retroficiency will operate as a wholly-owned subsidiary.

Retroficiency’s energy-efficiency analytics will be used to crunch data from Ecova’s more than 700,000 building sites in North America. “Retroficiency helps us take all of that data and turn it into insight and action,” said Ecova CEO Jana Schmidt.

Commercial customers are looking for more actionable insights on managing energy costs and where to invest in projects across their portfolio, making data more valuable. The data from companies like Retroficiency can help inform utilities about…

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