CPower Named A Global Cleantech 100 Clean Technology Company

NEW YORK, Sept. 9 /PRNewswire/ — CPower, Inc. (www.cpowered.com), a leading energy management and demand response firm, today announced it has been named a Global Cleantech 100 company by Guardian News and Media and Cleantech Group(TM), LLC, providers of leading research, events and advisory services for the cleantech ecosystem.

The Global Cleantech 100 is the first ever list highlighting the most promising private clean technology companies around the world. Supported by the Carbon Trust, the Global Cleantech 100 recognises companies at the forefront of cleantech innovation offering solutions to some of the world’s most pressing environmental challenges.

The final list represents the collective opinion of hundreds of leading experts from cleantech innovation and venture capital companies in EMEA, North America, India and China, combined with the specific input of an expert panel of 35, drawn from well-respected organisations such as Altira Group, Crossover Advisors, Deloitte, Emerald Technology Ventures, Google, Kleiner Perkins Caulfield & Byers, New York Stock Exchange, NGEN Partners, Nth Power, New Enterprise Associates, Sterling Communications, Tsing Capital and Vantage Point Venture Partners.

The panel’s views were combined with insights from the Cleantech Network(TM), the de facto industry association of international clean technology investors, entrepreneurs, large corporations and other industry insiders. Some 3,500 companies were nominated/considered.

“The first ever Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is most excited about from a commercial standpoint,” said Richard Youngman, managing partner at Cleantech Group.

“We are thrilled to be recognized by Cleantech Group as one of the most promising companies in the world in addressing our collective energy and environmental challenges,” said Gary Fromer, CEO of CPower. “We are proud that our focus on providing real value in full alignment with our clients and business partners in delivering demand response and energy efficiency results is making a high-value impact. We look forward to continuing our efforts to deliver collaborative energy management programs that create a smarter, more sustainable future.”

CPower and other winners are being honoured today at Cleantech Forum XXIII in Boston, 8-10 September 2009 (www.cleantech.com/bostonforum) and will be celebrated at Cleantech Forum XXIV in Delhi, 15-16 October 2009 (www.cleantech.com/delhiforum) and at the Guardian’s UK Cleantech Summit in London on 23( )November 2009 (guardian.co.uk/cleantechsummit).

Recognized for its unique and innovative energy management and demand response services, CPower enables medium to large energy users to maximize the value of their energy reduction efforts and earn market payments for those reductions. As an industry pioneer that has grown into one of the largest energy management firms, CPower combines an understanding of energy management technologies, energy markets and the daily challenges of facility operators to monetize the value of energy sustainability.

More than half (56) of the companies listed on the Global Cleantech 100 are headquartered in North America, while European firms make up 36 percent. Five firms are based in Israel and three in India.

The full list of Global Cleantech 100 firms is available on the Guardian (guardian.co.uk/globalcleantech100) and Cleantech Group (cleantech.com/news/awards/globalcleantech100) websites.

About the Cleantech Group, LLC

The Cleantech Group pioneered the clean technology investment category in 2002. Today, it accelerates the development and market adoption of clean technologies globally. The company’s worldwide network of investors, entrepreneurs, enterprises, service providers and others–representing trillions of dollars in assets–receives access to capital, investment deal flow, networking, market leading research and data, sales leads and promotional opportunities. The Cleantech Group also provides advisory services for large corporations and governments, publishes leading cleantech sector industry news coverage and produces the premier Cleantech Forum(R) events worldwide. Details are available at http://www.cleantech.com.

About the Guardian

The Guardian is a unique voice with an international reach delivering progressive journalism to a global audience. The Guardian’s vision is to be the leader on sustainability within the media industry and to be environmentally regenerative in their activities. Through their editorial coverage and business activities, they demonstrate to readers, staff, advertisers, suppliers and their communities that GNM (Guardian News and Media) is committed to enhancing society’s ability to build a sustainable future.

About CPower

CPower delivers targeted energy management services and solutions that enable companies to optimize their facilities and operations through strategic energy reduction initiatives and earn market payments for those reductions. Through its advocacy for energy users, and partnerships with utilities and grid operators, CPower works to design and manage programs that maximize the rewards for energy reductions, and provide reliable relief to grid operators. CPower works with clients across North America, including those in the major energy markets of New England, New York, the Mid-Atlantic region, Texas, California and Ontario. The company’s clients range from medium to large energy users and span the industrial, commercial, retail and institutional markets, including Stanley Tools, CB Richard Ellis, Cushman Wakefield, Sears Holdings Corporation, NYU Langone Medical Center and the Massachusetts State Division of Capital Asset Management.

    CONTACTS:
    Patrick Jones
    Account Executive
    Kwittken & Company
    646-747-7159 (T)
    917-757-6522 (C)
    646-658-0880 (F)
    pjones@kwitco.com

SOURCE CPower, Inc.