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Stock Market & Financial Investment News

News Breaks
June 26, 2014
08:21 EDTPOWRPowerSecure upgraded to Buy from Hold at Lake Street
Lake Street upgraded PowerSecure to Buy based on favorable risk/reward following favorable contract terms in with its restructured contract with a large utility customer. Price target is $12.
News For POWR From The Last 14 Days
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July 28, 2014
07:04 EDTPOWRPowerSecure receives distributed generation order from large energy customer
PowerSecure announced that a large energy services company customer has placed an order for a distributed generation solution to a large federal prison in the Midwest. This award represents the first PowerSecure Energy Efficiency Services project that has included a DG solution.
July 23, 2014
07:06 EDTPOWRPowerSecure awarded $140M in new distributed generation business
PowerSecure has been awarded approximately $140M of new distributed generation business. PowerSecure expects to recognize approximately half of the revenue from the two major solar projects in 2015, and the remainder in 2016. The new solar awards have been contracted with the utility and are subject to regulatory approval by the local public utility commission, and approval by the party granting the rights to the respective sites. These items are expected to be completed over the next 120 days.

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