Check out all of our energy storage resources. So I think this becomes probably less and less a focal point of the company in the years to come but nevertheless appreciate your question. The premium may be surprising, but the fact that EnerNOC is being acquired is not. And then I guess through that process as you're having that conversation, I noted that less than 5% of total enterprise site is subscribing to the full EIS platform. Amperon Names Tim Healy and Catherine Flax to Join Board of - Insider He is from . I think you should expect it to continue to move up, let's call it on a trailing 12 months basis for sure. Let's turn now to our utility business. EnerNOC founder and ex-J.P. Morgan executive bring their expertise to expand Amperon's platform and be a major player in the energy transition. The first question is could you may be provide details on the bundling arrangement with Sun Power which you talked about? Former EnerNOC Chairman and CEO, Tim Healy, Among New Members of Now let me turn to some personnel developments. Understanding the legal framework at a statewide regulatory level is critical to supporting the innovation needed to move toward a clean energy grid, says Wannop. He servedforover 16 years as Chairman and CEO of EnerNOC, providingenergy intelligence anddemand response solutions to utilities, grid operators and enterprises. One final thought before turning it back over to Chris for Q&A. EnerNOC, Inc. (NASDAQ:NASDAQ:ENOC) Q2 2015 Earnings Conference Call August 6, 2015 9:00 AM ETExecutivesChris Sands - Director, IRTim Healy - Chairman & CEODavid Brewster - PresidentNeil. Finally, we are excited about the President's Clean Power Plan which was released on Monday. And so we're optimistic. With the number of domestic energy disclosure laws increasing by roughly 150% in the last year alone and increased momentum behind GRESB and new financial reporting standards like the Sustainability Accounting Standards Board or SASB, this is a growing pain point for many organizations and just another marketing dynamic that is creating demand for EnerNOC software. Tom at this point, we'd like to open the call up for Q&A. What's more the complexity and breadth of the energy decisions, these enterprises are addressing with our EIS is growing by the day further solidifying the importance of our software to the organizations. EnerNOC's (ENOC) CEO Tim Healy on Q4 2016 Results - Earnings Call Boston Properties, a large commercial real estate investment trust and an early adopter of our software is a great example of this evolution. These statements are subject to risks and uncertainties, and involve a number of factors that could cause the actual results to differ materially from those expressed or implied. From September 2000 until October 2010, Adam served as a general partner of Foundation Capital, a venture capital firm. Tim Healy's income source is mostly from being a successful Actor. As an additional regulatory update related to our U.S. grid operator business, EnerNOC along with the U.S. government and several other parties filed briefs last month at the Supreme Court regarding FERC order 745. Published Sep 11, 2017 + Follow Friends, I'm moving. Q2 GAAP net loss was $19 million or $0.66 per diluted share compared to a net loss of $27 million or $0.96 per diluted share in the second quarter of 2014. They were all great ideas but apply the 80/20 . We're targeting getting to 70% within next year or so. This is a new territory for customers. And then just lastly one on the repurchases, have you been active year-to-date in repurchases? What about within demand response? For more information, visit www.packetizedenergy.com. It's a combination of renewables that are going to need demand response to balance out the intermittency on the grid. EnerNoc's technology-enabled energy management solutions help meet the needs of utilities/grid operators that deliver energy and are responsible for maintaining the real-time balance between supply and demand. When typing in this field, a list of search results will appear and be automatically updated as you type. EnerNOCwas noted for having a process which utilized a cross-functional team to participate in the interviews. "Better information creates much better outcomes for everyone for the whole industry, down to the end users. These are the people that will make you sharper and balance your perspective Christian Weeks, CEO of enVerid Systems, The reality is, youre going to have valleys of death and multiple mountains beyond that first peak. With over 30 years of software industry experience, Gary further enhances the software DNA of our team. That diversification remains as important as ever as the domestic regulatory environment continues to be challenging. Now let me share with you our outlook for the third quarter and the remainder of the year. The company has highlighted e-mobility and recharging infrastructure as a high-potential arena, which could signal an acquisition opportunity for an EV charging company, as with EV-Box, which was bought by Engie earlier this year. We're thrilled to have him on board. A bright spot was the net churn rate for the EIS component of our utility ARR which was a double-digit negative percentage indicating that we continue to expand our presence with those products with existing utility customers. So we see this as it's a slow-going process. Where Will DOE's Loan Program Make the Next Climate Tech Investments? This is a community-generated profile. With that, I'll turn the call over to Neil, to provide a review of our financial results. Tim Healys income source is mostly from being a successful Actor. Under his leadership, EnerNOC grew from a startup to an international leader in energy management, with nearly $500 million in annual revenues, before being acquired by Enel Green Power North America in 2017. Catherine and Tim are the latest additions to Amperon's board, rounding out a highly experienced team that includes Michael D'Aurizio, Investment Director at HSBC Climate Tech Venture Fund, as well as founders Abraham Stanway and Sean Kelly. And how does the kind of the payment structure work and would you look to work with other solar companies such as may be Sun Edison for solar who are also involved in big commercial projects? Boston Properties is among a number of early adopters that are capitalizing on the full power of our software and making it an integral part of their day to day operations. It is our intention as we've mentioned to continue to diversify the portfolio. David . Reflecting on the success of his former employees, Tim noted that when startingEnerNOC, the culture of the company was a priority and very important to both him and his co-founder. We had a net reduction in former World Energy procurement customers of approximately 200 as we let relationships with smaller enterprises that were not long-term strategic fits for our enterprise offerings come to an end. Is this happening to you frequently? In the meantime, work under our existing partnerships continues and we recently hit an important product milestone in our arrangement with Sun Power, it will allow Sun Power to begin bundling our software with every sale of its solar energy systems to commercial and industrial customers in North America.