Ally Energy Solutions Hits 1,000 Projects, Names New CEO
Ally Energy Solutions, a leading US provider of energy-efficient solutions for commercial and industrial clients, has announced a significant milestone and leadership change. The company, founded in 2014, has completed over 1,000 projects, resulting in substantial carbon emission reductions and energy savings. Additionally, Brian Walterbach, Ally's current COO, will take over as the new CEO.
Ally's projects have avoided an estimated 578,000 tons of CO2 emissions and reduced peak demand by 60 megawatts. The company specialises in large-scale energy news, including distributed renewable energy and efficiency upgrades, helping clients enhance energy efficiency, lower operational costs, and meet sustainability goals. This impressive track record has caught the eye of global investment manager Nuveen, which has acquired a majority stake in Ally through its Nuveen Climate Inclusion Fund II. The acquisition aims to accelerate Ally's growth and impact, enabling it to expand its reach and deliver more measurable cost and emissions reductions for clients nationwide. In conjunction with this change, Shane Mathis, Ally's former CEO, will transition to the role of Chief Strategic Officer.
With its proven success in energy efficiency and sustainability, Ally Energy Solutions looks set to expand its positive impact under the guidance of new CEO Brian Walterbach and with the support of its new majority stakeholder, Nuveen. The company's future news are expected to continue reducing carbon footprints and driving operational efficiency for its clients.
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