San Diego Apartment Complex Retrofit Cuts Electricity Usage 22%
MG Properties Group reports that a major renovation of its Stonewood Gardens apartment complex in San Diego has reduced energy, electricity, and gas usage.
Bright Power
Energy Benchmarking Benefits Minnesota Multifamily Properties
A two-year study of more than 550 multifamily homes across Minnesota found that benchmarking is feasible and the act of doing so can cut energy and water use significantly, according to Bright Power. Bright Power, which ran the two-year EnergyScoreCards Minnesota study, released results in conjunction with several Minnesota entities. ... Read more »
Bright Power Acquires Ecological Partners
Bright Power, a New York City-based energy management provider, is purchasing Ecological Partners, an energy efficiency service provider previously owned by Root9b Technologies. The value of the deal was not disclosed. Bright Power provides energy services for real estate portfolios nationwide, including energy benchmarking, energy auditing, resiliency solutions and energy ... Read more »
Bright Power Opens West Coast Office
Bright Power, an energy management firm based in New York City, has opened its first satellite office, located in Oakland, Calif. In late 2014, Bright Power closed a $5 million round of fundraising from WindSail Capital Group, a portion of which will be allocated to the opening of this new ... Read more »
Bright Power Receives $5M Investment
New York City-based energy management provider, Bright Power, has received a $5 million strategic financing commitment from WindSail Capital Group, a Boston-based investment firm. WindSail Capital’s investment will provide Bright Power with the resources to continue its expansion in the energy management business, with a particular focus on multifamily apartment ... Read more »
Efficiency Retrofits Save $4.3M Over 1 Year
Efficiency retrofits of 236 properties showed a combined water and energy savings of $4.3 million over a one-year period, according to research by Bright Power and the Stewards of Affordable Housing. Although retrofitting commercial buildings has previously been shown to be profitable, convincing affected parties of the value of multifamily ... Read more »