ESCO Announces Acquisition of Renewable Energy Industry Supplier
- May 9, 2017 3:25 am GMT
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The business, which will join
The products are used during both the pre-development stage of a project and the operational stage when project owners need to optimize the performance of their assets. The company's products and applications are targeted at the following market segments: * Wind Resource Assessment which is the systematic collection of wind data at potential wind farm sites to allow wind farm developers to estimate the future power output of a variety of wind farm sizes and turbine arrangements. Customers use this information to design the layout of the wind farm, secure project financing, and make other critical decisions.
- Wind Plant Optimization enables wind farm operators and owners to maximize their annual energy production, reduce their operating and maintenance (O&M) costs, increase system reliability, and drive down the levelized cost of energy.
- Solar Resource Assessment is the systematic collection of solar data at a prospective solar energy production site to develop an accurate estimate of that facility's annual energy production potential.
- Solar Monitoring allows solar project operators to track electrical output precisely in order to trigger real-time maintenance and build long-term preventative maintenance programs.
NRG is clearly a market leader with an exceptional brand, reputation, and strong management team, and I'm excited to welcome the outstanding and dedicated employees of NRG to our team." Forward-Looking Statement Statements in this release regarding sales, growth and benefits resulting from the acquisition, and other statements which are not strictly historical are "forward-looking" statements within the meaning of the safe harbor provisions of the Federal Securities Laws. Investors are cautioned that such statements are only predictions and speak only as of the date of this release, and the Company undertakes no duty to update them except as may be required by applicable laws or regulations. The Company's actual results in the future may differ materially from those projected in the forward-looking statements. Factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, include: customer demand, technical issues, success of integration efforts, the factors described in Item 1A, Risk Factors, of the Company's annual report on Form 10-K for the year ended
Further information regarding
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