Click here to close now.




















Welcome!

News Feed Item

Creekwood Energy Utilizes Noesis Financing Services to Improve Client Offerings

Creekwood integrates Noesis Energy's suite of efficiency financing tools and services into its operations. By including financing options with all of their recommendations, Creekwood can eliminate its clients' cash constraints and tailor solutions that be

AUSTIN, Texas, Feb. 19, 2014 /PRNewswire-iReach/ -- Creekwood Energy Partners LLC has integrated Noesis Project Financing services offered by Noesis Energy into its energy management and consulting business. By working with Noesis' team of project finance specialists, who provide assistance with project financial analysis and working with lenders, Creekwood is able to include attractive financing options and deliver a more comprehensive solution.

(Photo: http://photos.prnewswire.com/prnh/20140219/MN66675)

After initially focusing on renewables, Creekwood broadened its service offering in 2009 to include comprehensive energy management and consulting services. "We serve as an outsourced energy management partner for mid-size companies, who depend on us to act as trusted, independent third-party advisors on their energy strategy," says Ron DeLyons, managing principal and CEO of Creekwood Energy Partners. "We evaluate their energy assets and determine how, given their current energy supply options and available financing, they can better manage their energy spend, and reduce energy consumption and environmental impacts."

New technologies offer numerous energy efficient heating, cooling, and illumination choices. At the same time, innovative tariff arrangements can subsidize renewable and distributed energy production and reward peak load reduction. Creekwood analyzes the data to determine the optimal mix of technology innovations, energy conservation measures, and available incentives that will maximize savings and deliver energy independence for its clients. By including access to financing, Creekwood can offer its clients a turnkey option.

"One of our challenges is getting the finance team comfortable with the numbers. We view Noesis as our back office for modeling and analyzing project calculations, and to provide a robust and verifiable economic basis for our recommendations," says DeLyons. "These days, it's extremely important to include financing — you need to deliver a comprehensive solution that shows how the project will be budgeted and offers off balance-sheet financing. This is where Noesis Project Financing is invaluable."

"Noesis gives Ron and his team an effective and efficient way to build financing options into every potential deal. Many times the scope of engagement with a prospect will shift, and having Noesis Project Financing services as his 'back office' gives Creekwood the flexibility and scalability to keep the project moving forward towards approval – for one flat fee," said Jason Putnam, VP of sales at Noesis Energy.

Looking ahead, DeLyons sees an opportunity to work with companies whose capital budgeting does not include energy conservation projects. "I think where Noesis will provide additional options in those situations where you're looking to finance a project for smaller companies. We're currently reviewing the possibility of offering our clients shared savings options, for example."

HOW NOESIS PROJECT FINANCING WORKS
Noesis makes financing efficiency projects simple by providing essential finance services to its customers. Noesis' team of project finance specialists helps during the entire proposal process — from analyzing project details and working with lenders to presenting financing options to the CFO or building owner. Each Noesis customer has a dedicated project finance specialist and receives unlimited phone and email support from the Noesis project finance help desk. With Noesis, efficiency pros can include financing options in all of their proposals, helping them win more deals and do more energy projects.

ABOUT CREEKWOOD ENERGY PARTNERS
Creekwood Energy Partners LLC (Creekwood) is a NMSDC-Certified Minority Business Enterprise based in Cincinnati, Ohio. The Creekwood team provides clients with comprehensive energy management and consulting services, arranging project finance where and when required. Founded in 2004, Creekwood was established to develop and finance renewable energy projects. In 2009 the company expanded its service offerings to include comprehensive energy management and consulting services. Creekwood employs a data-driven process, designed to optimize renewable energy, energy efficiency, and sustainability initiatives. For more information, visit http://creekwoodenergy.com/.

ABOUT NOESIS ENERGY
Noesis Energy helps efficiency professionals get more projects approved and implemented by providing turnkey financing services and SaaS-based software tools to accelerate and streamline their efficiency project analysis and proposals. Noesis Energy is backed by Black Coral Capital and Austin Ventures, and maintains offices in Austin, Texas and Cambridge, Ontario, Canada. For more information, visit www.noesisenergy.com and follow @noesisenergy. Learn how the Noesis Energy platform works here. Use our site to find incentives at incentives.noesisenergy.com.

Media Contact: Tim Cox, Noesis Energy, 650-369-7784, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Noesis Energy

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
"We have been in business for 21 years and have been building many enterprise solutions, all IT plumbing - server, storage, interconnects," stated Alex Gorbachev, President of Intelligent Systems Services, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
"We specialize in testing. DevOps is all about continuous delivery and accelerating the delivery pipeline and there is no continuous delivery without testing," noted Marc Hornbeek, Sr. Solutions Architect at Spirent Communications, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
How do you securely enable access to your applications in AWS without exposing any attack surfaces? The answer is usually very complicated because application environments morph over time in response to growing requirements from your employee base, your partners and your customers. In his session at @DevOpsSummit, Haseeb Budhani, CEO and Co-founder of Soha, shared five common approaches that DevOps teams follow to secure access to applications deployed in AWS, Azure, etc., and the friction an...
"Alert Logic is a managed security service provider that basically deploys technologies, but we support those technologies with the people and process behind it," stated Stephen Coty, Chief Security Evangelist at Alert Logic, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to tran...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...