On January 29, 2018 ENGIE Insight (formerly Ecova) announced the strategic divestiture of our Utility Solutions division, which was sold to Austin-based CLEAResult. This business unit focused on administering energy efficiency programs for regulated utilities to help utilities meet program savings goals. The programs that were administered by ENGIE Insight were all transitioned to CLEAResult.
The sale enables ENGIE Insight to intensify and streamline our focus on helping multi-site business customers unlock data-driven insights to achieve business results while reducing their resource consumption, including energy, water, waste and telecommunications. While we are no longer offering programs to utility clients, this does not affect our working relationships with utilities and energy suppliers in the context of expense data management and energy supply management.
To learn more about the divestiture, view the press release here.