NEW YORK, July 30, 2018 /PRNewswire/ -- Integrated Energy Services Corporation ("iES" or the "Company"), a portfolio company of Gainline Capital Partners ("Gainline"), a private equity firm that invests in U.S. based middle market companies, has been selected by NY grid operator NYISO to take part in a Distributed Energy Resource (DER) pilot program designed to improve New York's energy infrastructure. iES is a leading provider of grid relationship management software and demand response services to commercial electricity customers.
iES Founder and CEO Brock Nigg commented, "We are excited to be selected and share the vision of NYISO of exploring ways to integrate DERs and improve system efficiency, resilience and resource diversity. Our involvement in the pilot will be a fantastic opportunity to demonstrate our technology expertise and the capabilities of our platform and team."
"iES is the perfect partner for NYISO's initiative to modernize our aging power infrastructure, as demands for environmental, social and governance (ESG) initiatives have created a growing need for the tools and demand response services that iES provides. We are thrilled that Brock and his team have been selected to participate in this pilot, which will serve as a further proof point of the strength of the Company's software platform and exceptional service capabilities," said Allan Weinstein, Managing Partner of Gainline."
About Integrated Energy Services Corporation Integrated Energy Services is a leading provider of grid relationship management software and demand response services to commercial electricity customers. The Company's core software product, EnergyDesk™, allows customers to monitor real time energy data, generate savings, improve building efficiency, and achieve environmental and sustainability goals.
About Gainline Capital Partners Gainline Capital Partners is a private equity firm that invests in U.S. based middle market companies. The firm invests in profitable companies with enterprise values of up to $250 million. Gainline partners with management teams to help execute their vision, drive sustainable growth and create long term value.
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SOURCE Gainline Capital Partners