Sustainability and energy management company Ecova is expanding its operations to Europe — the company’s first expansion outside North America — by taking over management of Power Efficiency Limited.
Power Efficiency is a European energy procurement and carbon reduction consultancy. Like Ecova, Power Efficiency provides energy procurement services, invoice validation, portfolio benchmarking, carbon reporting and carbon policy development to multi-site companies and is also an ENGIE subsidiary.
The expansion into the European market increases Ecova’s client base to 900 multi-site clients and over 710,000 sites under management in North America and Europe. The company says integrating Power Efficiency under Ecova management will allow it to draw on the expertise of the team located in Europe to provide its sustainability management services to North American-based clients that have locations in Europe.
Additionally, Ecova says European-based clients will benefit from its investments in resource management services. The company identified more than $800 million in savings during 2014 for its commercial and industrial clients through resource management programs, which include energy, water and waste management, as well as carbon reporting and reduction.
Olivier de Jonghe, who is located in Brussels, has been appointed chief international business development officer, responsible for the development of Ecova outside of North America.
Martin Sieh, chief facility operations officer, located in the US, will lead the expansion of Ecova’s global delivery structure into a larger, fully-integrated team, the company says.