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News Breaks | | | | October 4, 2012 | | 08:10 EDT |  | XWES | World Energy Solutions scquires Northeast Energy Partners World Energy Solutions announced it has acquired Northeast Energy Partners, LLC, or NEP, a privately-held Enfield, CT-based energy management and procurement company, for approximately $7.9M in cash plus an additional $5.2M in seller notes and potential earn-outs. The acquisition expands World Energy's national footprint in the mid-market -- addressing the energy management needs of small and mid-sized businesses -- while increasing the company's market share in New England. With annual revenues topping $5M, NEP currently employs 17, all of whom will be retained by World Energy. The company will continue to operate in Enfield. | |
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| May 21, 2013 | | 10:00 EDT |  | XWES | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 07:07 EDT |  | XWES | World Energy Solutions initiated with an Outperform at Northland Securities Target $8. | |
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