According to the Boston Business Journal, EnerNOC (ENOC) is on the acquisition trail, looking to accelerate growth by buying small companies in the emerging clean energy space. CEO Tim Healy acknowledged the industry is ripe for consolidation and that larger companies are looking to add to their alternative energy portfolios as well through acquisition.
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“We’ve been acquisitive in the past, but modestly acquisitive,” said Healy, who co-founded the Boston-based company in 2001 with David Brewster, the company’s president. “We will probably accelerate that acquisition activity moving forward.”