AM Conservation Group is proud to announce a new partnership with GoodCents.
Since the company’s founding in 1977, GoodCents has become a North American leader in full-scale, demand-side services for utilities. With over 400 professionals in the field, its services range from energy efficiency, demand response, and advanced metering infrastructure to smart grid, load research, and measurement and verification.
GoodCents provides utility partners with program solutions to meet complex energy goals while delivering an integrated approach that streamlines efforts and increases results. With a well-established 38-year track record, GoodCents helps some of the largest utilities in North America devise and implement new programs designed around their specific needs.
AM Conservation Group, already the leader in energy and water efficiency programs, products, and services, has invested in the integrated demand side management company. With GoodCents, AM Conservation Group will be able to further extend its already considerable conservation efforts.
“We’ve been a product supplier to GoodCents for many years and couldn’t be more thrilled about this partnership,” said Todd Recknagel, CEO of AM Conservation Group. “With GoodCents joining the team, we can better reach utility customers and add to our demand response business.”
With Recknagel at the helm, AM Conservation Group has become the leading provider of energy and water efficiency products in the United States. The investment in GoodCents enables AM Conservation Group to further expand to become a leading integrated service and product provider through a comprehensive service offering of a full suite of program management capabilities across both energy efficiency and demand response capabilities in North America.
AM Conservation Group is a portfolio company of Kohlberg & Company, LLC. GoodCents has been a portfolio company of Oaktree Capital Management’s Power Opportunities Group. Paul, Weiss, Rifkind, Wharton & Garrison acted as legal advisor to AM Conservation Group. GE Antares Capital, Fifth Third Bank, and Metropolitan Life Insurance Company provided credit financing. Piper Jaffray acted as financial advisor to GoodCents, and Irell & Manella acted as legal advisor to GoodCents.