EnerNOC signs contract with BKW EnerNOC announced that it has entered into an EnerNOC Demand Manager contract with BKW Energy through 2019. BKW will deploy EnerNOC's software and services to deliver demand response to BKW's customers throughout Switzerland.
EnerNOC downgraded to Neutral from Overweight at JPMorgan JPMorgan downgraded EnerNOC to Neutral citing risk to the company's Demand Response revenue at PJM given the challenge to FERC Rule 745. The firm lowered its price target for shares to $22 from $24.50. JPMorgan notes, however, that it would view EnerNOC shares as "significantly" undervalued should the FERC Rule 745 be upheld or replaced by a capacity market overseen by the regional states.