Industry | Power TakeOff

Virtual CommissioningTM (VCxTM) is an innovative energy efficiency program which provides utilities with a mass market small and medium business (SMB) solution by capitalizing on AMI investment. Want to learn more?

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October 4, 2023

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Company, Industry

Nuveen Invests Alongside Lime Rock New Energy and Management to Acquire Power TakeOff

Nuveen will leverage its impact investing expertise and real assets capabilities to further position Power TakeOff as a leading provider of energy efficiency services for small and medium business customers. DENVER, CO – Nuveen’s Private Equity Impact team joins Lime Rock New Energy to invest in Power TakeOff, a software-enabled energy efficiency services company. Power TakeOff’s AI/ML-based offerings generate significant energy savings and greenhouse gas emissions mitigation for the traditionally underserved small and medium business (SMB) market....

by Lauren Goldfarb

September 5, 2023

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Company, General News, Industry

Lime Rock New Energy and Management Partner to Acquire Power TakeOff

Pioneering the Future: Power TakeOff joins with Lime Rock New Energy, beginning a new chapter of growth and innovation in the energy efficiency landscape. DENVER, Colorado., September 5, 2023 - Power TakeOff, a software-enabled energy efficiency services company, today announces that funds managed by Lime Rock New Energy, a growth equity investor in companies accelerating the energy transition, has acquired a controlling interest in Power TakeOff from the company’s founding shareholder group. The Power TakeOff and Lime...

by Lauren Goldfarb

January 21, 2021

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Company, General News, Industry

Power TakeOff Looks Ahead to Energy Savings in 2021

Energy cost savings proved vital for small to midsize businesses (SMBs) as COVID-19 posed unprecedented challenges this past year. Now that 2020 is behind us, Power TakeOff reflects on our achievements and exciting 2021 updates. Using Energy Monitoring Software to Counter COVID-19 Power TakeOff launched two utility COVID-19 Community Assistance Programs that target financially at-risk businesses through energy saving services that optimize fully or partially closed buildings. This power saving program resulted in over 13 GWh in confirmed...

by Lauren Goldfarb

August 18, 2020

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Company, Industry, VCx

VCx™ Program Expands in the Midwest Region

Power TakeOff expands Virtual Commissioning™ (VCx™) Program in the midwest by adding two new electric and gas utilities in the midwest region. For over a decade, Power TakeOff has been shaking up the energy efficiency industry, more recently with the innovative Virtual Commissioning (VCx™) Program. The ultimate win-win proposition, the VCx™ Program identifies and implements operational-focused efficiency improvements with no cost to its participants. Now, more small- and medium-size businesses and public institutions have access to these...

by Lauren Goldfarb