Yardi Acquires Energy Efficiency Software Provider Enerliance
Yardi announced today that it has acquired Enerliance, a leading developer of energy efficiency software
Santa Barbara, Calif.—Yardi ® announced today that it has acquired Enerliance , a leading developer of energy efficiency software.
Enerliance produces the Load Based Optimization System (LOBOS), an intelligent HVAC platform that significantly reduces energy consumption in large buildings and campuses. LOBOS also enables automated demand response participation and system-level fault detection and diagnostics.
“Joining the Yardi team combines the trust we have earned in the facilities marketplace with Yardi’s 30-plus years of leadership in developing innovative property and asset management solutions. This is a winning combination for clients of both organizations,” said Raymond A. Pustinger, president of Enerliance.
“LOBOS has saved energy, reduced costs, and increased tenant comfort wherever it has been installed, through a combination of building intelligence, efficiency algorithms, and demand response technology. Adding it to our product offerings provides building owners and operators with a single platform for energy management that generates cost savings and furthers our clients’ and Yardi’s environmental initiatives,” said Gordon Morrell, executive vice president and chief operating officer for Yardi.
Enerliance team members will continue serving customers from their offices in Irvine, Calif.
