Canadian Grocer Adopts EnerNOC’s Energy Intelligence Software for Portfolio
June 02 2016 - 8:34AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS) and demand response solutions,
announced today that Canadian food retailer Longo Brothers Fruit
Markets (Longo’s), has purchased EnerNOC’s EIS to create more
accurate budgets, prioritize investment in energy-related projects,
and increase overall employee productivity through improved
communication and reporting. Longo’s will deploy EIS across its
entire 31-store portfolio, located in the greater Toronto area,
giving executives a true view into operational efficiency across
the company.
“In our business, gains in employee productivity and operational
efficiency translate directly into positive financial impact,” said
Dave Mastroieni, Vice President of Central Procurement and Facility
Management at Longo’s. “EnerNOC’s energy intelligence software
gives us the visibility we need to connect energy usage to costs so
we can budget more accurately, allocate resources against the
highest impact improvements, and save time.”
EnerNOC’s software will enable site- and portfolio-level
benchmarking, allowing Longo’s to more accurately understand,
forecast, and verify the true return on investment (ROI) of
energy-related projects. EnerNOC centralizes energy data into a
single platform, giving all employees, from headquarters to
individual stores, access to relevant, actionable information that
helps improve overall operational efficiency.
“Companies like Longo’s need to operate as efficiently as
possible, which means managing energy like they would any other
significant expense category. EnerNOC’s EIS is the energy decision
support system that allows businesses to increase their competitive
edge by ensuring energy management starts at the corporate level,
creating accountability from the C-suite to the individual facility
manager,” said Eric Erston, Senior Vice President of Global Sales
at EnerNOC.
To learn more about the challenges EnerNOC’s energy intelligence
software solves for businesses, go to:
https://www.enernoc.com/products/businesses/capabilities.
About EnerNOC
EnerNOC is a leading provider of energy intelligence software
(EIS) and demand response solutions. With capabilities to better
address budgets and procurement, utility bill management, facility
analysis and optimization, sustainability and reporting, project
tracking, and demand management, EnerNOC's SaaS platform helps
enterprises control energy costs, mitigate risk, and streamline
compliance and sustainability reporting. EnerNOC also offers access
to more demand response programs worldwide than any other provider,
offering enterprises a valuable payment stream to further enhance
bottom line results and utilities and grid operators a reliable,
cost-effective demand-side resource. For more information, visit
www.enernoc.com.
About Longo’s
A family-owned organization, Longo’s first opened its doors in
Toronto in 1956 and now boasts 29 stores across the GTA including 5
small format “The Market” by Longo’s. Grocery Gateway,
the leader in online sales of home delivered groceries, is owned
and operated by Longo Brothers Fruit Market Inc. since 2004.
Inspired by their Founders and their commitment to a Fresh
Tradition, the Longo’s team hand selects fresh produce for its
stores six days a week. Longo’s food experts are dedicated to
exceeding customer expectations by offering the best food
experience and a great value to every customer, every time by
providing Fresh & Unique Offerings, Everyday Foods &
Groceries, Services for Ease, Education and Ideas.
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.
EnerNOC Media Relations:
Robin Woodcock
617.692.2601
news@enernoc.com
EnerNOC Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
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