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Shorenstein Properties Selects EnerNOC's Energy Intelligence Software
National Commercial Real Estate Firm to Better Manage Energy Expenses and Streamline Reporting Across Portfolio
BOSTON, April 20, 2015 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that Shorenstein Properties, a national real estate investment firm, has purchased EnerNOC's energy intelligence software platform. This expands Shorenstein's relationship with EnerNOC, which began with demand response and procurement services.
With EnerNOC's software, Shorenstein will be able to centralize real-time energy information and utility bill data into a single platform, improve budgeting and forecasting, more easily identify opportunities to drive operating efficiency, and automate the ENERGY STAR reporting process. EnerNOC's software will also help support Shorenstein's commitment to the US Department of Energy's Better Buildings Challenge to reduce portfolio-wide energy usage by 20% by 2020.
"Shorenstein is committed to maintaining the highest standards of excellence in commercial real estate management, which means utilizing the best technologies on the market. With EnerNOC's energy intelligence software, we'll be able to give our chief engineers greater site and portfolio visibility, more proactively manage our energy expenses with the same rigor that we manage other parts of the business, and increase our properties' net operating income," said Kevin Kirk, Manager of Engineering Services at Shorenstein.
"EnerNOC's software makes it easy for organizations with many properties served by different utilities to centralize energy data and make decisions based on actionable information," said Tim Healy, Chairman and CEO of EnerNOC. "Shorenstein continues to maintain its leadership position in the commercial real estate sector because it invests in the technologies that keep it at the forefront of innovation."
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.
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