Today we officially completed our acquisition of leading enterprise energy management company LPB Energy Management. Since we announced our intent to acquire LPB Energy Management back in early January, I have been leading a team who has worked to make this day possible. We’ve been working closely with our new colleagues in Texas, Washington and New Jersey to ensure we are integrating the “best of the best” of our combined systems, products, processes and our teams to provide the greatest value to our clients. Today is a milestone accomplishment and I want to thank the team for their hard work to get to this point.
We have been doing this work to make sure that our clients, both the ones who had been Ecova clients and our new clients from LPB Energy Management, have access to the best products and services. To make sure, if new clients are joining Ecova for the first time, they have a smooth and easy transition. The Ecova team now totals more than 1,200 employees in 31 states, and we are working to ensure that our clients have the right people serving their business. That our processes include the “best of the best” – we have looked across our company to find the best tools no matter if they originally came from Ecova, LPB Energy Management, Ecos or Prenova.
Through our integration efforts we have gained additional insight into what our clients’ value. One immediate step we are taking is to combine the enhanced reporting and data analytics insights provided by LPB Energy Management and Prenova into our combined product offerings.
The work over the past few months to integrate has been rewarding, and I’m looking forward to the benefits that we will gain in the future from our progress. The energy and sustainability worlds are dynamic; changing and growing constantly. Being part of Ecova today is all of these things and I’m excited about what the future holds for our clients and us.