Trumbull, CT (PRWEB) February 05, 2014
Sustainable Real Estate Solutions, Inc. (SRS), the industry leader in cloud-based building energy performance assessment, underwriting and proprietary benchmarking software, today announced the acquisition of Buonicore Partners, Inc., a leading building energy information services and analytics firm.
With the acquisition, SRS plans to develop proprietary new tools to enhance and accelerate the energy retrofit underwriting process for program administrators, energy consultants, auditors, building owners, contractors, project developers, capital providers and insurers.
“Our five years of collaboration with Buonicore Partners has placed SRS at the forefront of energy efficiency innovation,” said Brian J. McCarter, CEO of SRS. “This acquisition enhances our technical skills and analytics expertise, and will allow our clients to execute more efficient project underwriting and financing cycles.”
The combined strengths of the companies have already demonstrated value to clients, including the Connecticut Clean Energy Finance and Investment Authority (CEFIA) – Connecticut’s green bank. As a result, CEFIA has quickly scaled its C-PACE project portfolio and made the portfolio attractive to capital providers through the use of SRS’s innovative energy retrofit underwriting software platform.
“The SRS platform created a streamlined, standardized and technically-sound methodology in our project development process,” said Bryan Garcia, president and CEO of CEFIA. “This process effectively addresses the building owner and investor confidence challenge, which has been a key impediment to energy retrofit financing nationwide.”
About Sustainable Real Estate Solutions, Inc. (SRS)
SRS, an industry leader in on-demand building energy performance assessment, underwriting and proprietary benchmarking software, delivers Sustainable Real Estate Manager® a cloud-based software-as-a-service (SaaS) workflow platform enabling building stakeholders to assess, benchmark, underwrite, measure and verify the energy and sustainability performance of their properties. Its Peer Building Benchmarking™ module contains data on over 140,000 buildings nationwide and has reinvented commercial real estate’s energy efficiency benchmarking best practice. For more information, visit http://www.SRMnetwork.com.
Sustainable Real Estate Solutions, Inc.
Brian J. McCarter, CEO