Asia Global Energy: World Energy Solutions Announces Record
"We delivered strong results in the first quarter, despite the challenges of rising commodity prices and the previously announced changes to our mid-market business," said Phil Adams, CEO of World Energy Solutions. "Revenue grew 27%, reflecting the addition of NEP, strong growth in our Energy Efficiency Services segment, increased traction in our cross-sell efforts, near record performance from our Wholesale team, and new customer wins across our Retail Energy Procurement business. World Energy's fundamentals and long-term outlook remain strong, and our results continue to validate our transition from an auction-based, procurement-only company to one offering a broader range of energy management services.
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