What is Plug Smart?
Plug Smart operates as a comprehensive energy solutions provider, focusing on the development and execution of capital improvement projects designed to be budget-neutral. As a subsidiary of Ameresco, Inc., Plug Smart offers a wide array of services. These encompass building automation systems, energy project development, design-build initiatives, professional engineering and consulting, security and access control solutions, and Property Assessed Clean Energy (PACE) services. The company strategically targets diverse markets, including government entities, educational institutions, healthcare facilities, and commercial enterprises, with the overarching goal of optimizing facility energy efficiency and driving down operational expenditures.
How much funding has Plug Smart raised?
Plug Smart has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Plug Smart
PPP
Public-Private Partnership
What's next for Plug Smart?
The recent major strategic investment in Plug Smart signals a pivotal moment for the company, likely enabling accelerated scaling of its energy solutions and expansion into new markets. This infusion of capital is expected to bolster its capacity for developing and implementing innovative, budget-neutral capital improvement projects. As a division of Ameresco, Inc., Plug Smart is well-positioned to leverage this backing to further enhance its service offerings in building automation, energy project development, and PACE services, reinforcing its commitment to driving energy efficiency and cost reduction for its clients across various sectors.
See full Plug Smart company page
