BOSTON, Feb. 24, 2016 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), announced today that Allergan, a diversified global pharmaceutical company, has purchased EnerNOC’s EIS to centralize its energy management and sustainability reporting across its portfolio of manufacturing, R&D, and office sites.
“After significant M&A activity, we wanted to enhance our energy management strategy with the goals of increasing visibility, optimizing energy procurement, and identifying missed opportunities at the top of our priority list,” said Thomas Pagliuco, Director of Global Energy Engineering at Allergan. “EnerNOC’s EIS will allow us to navigate the additional complexities of purchasing energy and managing our energy expenses across our expanded global footprint, and help ensure we stay on track to meet our corporate efficiency and sustainability goals.”
With EnerNOC’s software, Allergan will standardize energy management across its entire portfolio, allowing for improved budgeting, forecasting, and energy expense management. Sustainability reporting and efficiency projects will be visible in one platform, enabling Allergan employees to track, prioritize, and assess the progress of energy management initiatives. Allergan will utilize EnerNOC’s online auction platform to meet its renewable procurement targets and achieve the best possible price in all of its energy transactions.
“Global pharmaceutical companies like Allergan have complicated energy requirements and processes that must meet stringent regulatory standards in addition to corporate goals around budgeting, sustainability, and productivity,” said Eric Erston, Vice President of Global Sales at EnerNOC. “With EnerNOC’s EIS, companies can address compliance obligations while also achieving profitability and sustainability objectives.”
To learn more about EnerNOC’s energy intelligence software, visit: www.enernoc.com/solutions/enterprise-solutions.
EnerNOC is a leading provider of cloud-based energy intelligence software (EIS) and services to thousands of enterprise customers and utilities globally. EnerNOC’s EIS solutions for enterprise customers improve energy productivity by optimizing how they buy, how much they use, and when they use energy. EIS for enterprise includes budgeting and procurement, utility bill management, facility optimization, visibility and reporting, project tracking, demand management, and demand response. EnerNOC’s EIS solutions for utilities help maximize customer engagement and the value of demand-side resources, including demand response and energy efficiency. EnerNOC supports customer success with its world-class professional services team and a Network Operations Center (NOC) staffed 24x7x365. For more information, visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company’s energy intelligence software, and the benefits that customers may derive from technology updates or enhancements to that software, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section “Risk Factors” in EnerNOC’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company’s actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.