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Stock Market & Financial Investment News

News Breaks
October 24, 2012
08:36 EDTPOWRPowerSecure receives $15M in new business awards
PowerSecure has received $15M of new business, including an award for a major industrial combined heat and power project. All of these new awards are for turnkey sales, with most of the revenue expected to be recognized in 2013.
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June 17, 2013
11:51 EDTPOWRPowerSecure management to meet with Lake Street
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June 6, 2013
07:12 EDTPOWRPowerSecure adds $75M to revenue backlog
PowerSecure has added approximately $75M to its revenue backlog, including approximately $49M from a renewed and expanded three year utility infrastructure award to serve one of the nation’s largest investor owned utilities. The new IOU contract represents an increase of approximately 50% over last year’s work levels. In addition, the new business awards include approximately $18M of new distributed generation business, approximately $4M of additional new UI business, and approximately $4M in new energy efficiency sales.

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