Mercatus Adds Integrys Energy Services to Growing List of Firms Deploying Its Solar Investment and Analysis Platform for Accelerating Growth in Commercial and Industrial Solar Sectors
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Press release date: February 18, 2014
SAN FRANCISCO - Mercatus, Inc., the leading enterprise level investment analysis and decision making platform serving as the core "operating system" for solar energy investors, announces that Integrys Energy Services, Inc., a national provider of competitive energy supply solutions, has adopted Mercatus's Investment and Analysis platform to accelerate its growth in the commercial and industrial solar market segments. Haresh Patel, CEO of Mercatus, made the announcement.
"As Integrys Energy Services continues to build its solar portfolio, the company has deployed Mercatus to drive greater efficiency and consistency to its investment process, making our development team more effective and efficient to service more developers, projects, and opportunities," said Joel Jansen, Vice President.
Since its 2009 inception, Mercatus has assessed over 11 gigawatts of solar projects, and currently serves 40% of the distributed generation U.S. solar market. Mercatus counts the industry's top global developers, institutional investors and independent power producers as customers. Subscribers to the Mercatus platform are currently targeting $1.2 billion in dedicated capital deployment for distributed generation solar investments in 2014.
"Mercatus' industry leading platform provides a competitive edge in the distributed generation development industry, where speed to investment is paramount," said Mr. Patel. "Mercatus provides the fastest and most accurate solar investment decision making tools in the industry, and enhances the ability of leaders like Integrys to bring innovative financial solutions to commercial, industrial and utility projects."
About Integrys Energy Services, Inc.
Established in 1994, Integrys Energy Services, Inc. provides competitive energy supply solutions, structured products, and strategies that allow retail residential, commercial, and industrial customers to manage their energy needs. Its principal energy marketing operations are in the northeastern quadrant of the United States. Through its subsidiary, Integrys Energy Services – Natural Gas LLC, Integrys offers natural gas products to a full range of end-users throughout the Midwest and Mid-Atlantic. Areas of generation expertise include cogeneration, distributed generation, renewables such as solar and landfill gas, as well as clean fuel generation, with facilities in selected markets throughout the United States. More information about Integrys Energy Services is available online at www.integrysenergy.com. Integrys Energy Services is a subsidiary of Integrys Energy Group, Inc.; more information is available at www.integrysgroup.com.
About Mercatus, Inc.
Mercatus is a leading solutions provider for the energy project finance industry, offering a Solar Investment Analysis platform for investors looking to make asset-class portfolio decisions. Mercatus' new standardized approach to the project aggregation, pooling and syndication of individual projects provides the critical transaction interface the buy and sell sides have been waiting for. Mercatus is based in Silicon Valley and backed by Vision Ridge Capital, Trepp, Inc., Augment Ventures, and Shah Capital. For more information visit http://www.gomercatus.com/.
Eric Gerard; 212-741-2977