PowerSecure Adds $10 Million In New Business

PowerSecure International, (NYSE: POWR) today announced it has been awarded approximately $8 million of new distributed generation (DG) business and approximately $2 million of new utility infrastructure (UI) business.

The $8 million in new DG business awards include approximately $3 million of new data center business, primarily for turnkey electrical infrastructure design, implementation and commissioning at a single customer site, a new $4 million DG project for a global sporting goods manufacturer and $1 million in new company-owned DG projects.

The $2 million in new UI business awards include a variety of new transmission and distribution projects for existing utility customers.

"We are excited to move into 2015 with continued momentum in our data center business, increasing contributions from our core DG projects, robust activity in utility infrastructure and an energy efficiency business that has had an excellent year," said Sidney Hinton, chief executive officer of PowerSecure.