AM Conservation Group: Franklin Energy's Product Division, AM Conservation, Agrees to Acquire Energy Federation, Inc.

CHARLESTON, SC, June 13, 2024 (GLOBE NEWSWIRE) -- AM Conservation, the products division of Franklin Energy, a leading provider of energy efficiency and grid optimization solutions and products, announced today that they have entered into an agre,ement to purchase the assets of Energy Federation, Inc. (EFI). Combined, they will be the utility industry's most comprehensive provider of products and marketplace solutions."The addition of EFI's product lines and marketplace capabilities expands our ability to deliver innovative end-to-end product and service offerings to our clients," said Terry Sobolewski, Franklin Energy CEO. "This will allow us to cost effectively meet our clients' clean energy goals, with a single point of contact."For over 40 years, EFI has delivered innovative, high-quality programs in the utility industry. Over the company's lifetime, they have launched more than 170 utility marketplaces and processed over $3 billion in customer rebates. EFI's ...Full story available on Benzinga.com