GFI Energy Ventures LLC Completes Sale of NORESCO to Carrier Corp.

GFI Energy Ventures LLC announced today the completion of the sale of its portfolio company, NORESCO, one of the largest providers of energy management and performance contracting services in the United States, to Carrier Corp., the world’s largest provider of HVAC and refrigeration solutions and a subsidiary of United Technologies Corp. NORESCO was previously owned by the OCM/GFI Power Opportunities Fund II, L.P., a private equity fund co-managed... 

MSB, Enservio Link Speeds Contents Claim Processing

Property insurance information provider MSB and contents valuation provider Enservio deliver good news to the property insurance industry. Today the companies announce an alliance for delivering contents valuations for property claims through electronic integration between MSB’s IntegriClaim® property claim estimating solution and Enservio’s contents claims management process. Property insurers leveraging IntegriClaim’s Administrator... 

Carrier Acquires Noresco to Expand Energy Solutions Capabilities

Carrier Corp., the world’s largest provider of heating, ventilation, air-conditioning and refrigeration solutions, and a unit of United Technologies Corp. has acquired Noresco, a leading independent energy services company. The acquisition was completed on Nov. 20. Terms of the deal were not disclosed. Established in 1984, Noresco has implemented thousands of efficiency and infrastructure upgrade projects that reduced energy and water consumption... 

Carrier Launches New Software for LEED EA Analysis

Carrier Corp., a subsidiary of United Technologies Corp. (NYSE: UTX ), has released version 4.40 of their E20-II Hourly Analysis Program (HAP) software. HAP v4.40 provides significant new features making Leadership in Energy and Environmental Design Energy and Atmosphere (LEED® EA) Credit 1 analysis faster and easier. Version 4.40 also greatly expands the “wizard” automation features so energy cost performance of heating, ventilation... 

South Korea’s Songdo International Business District Sets Global Standard as ‘Eco-City’

New international standards are being set by Gale International in sustainable building design, systems engineering, and urban infrastructure and planning with Songdo International Business District (IBD), a new city currently under construction off Incheon, South Korea, on the Yellow Sea. Songdo IBD is a joint venture between Gale International and Posco Engineering & Construction and is the largest private development in the world. Songdo IBD,... 

USG Libretto™ Gridless Metal Decorative Ceiling System

Architects and designers seek dynamic ways to complement their designs with imagery, shape and eye-catching aesthetics. Today, design professionals have a new option from USG with the Libretto™ gridless metal ceiling system, which creates islands, canopies, radial ceilings and other dynamic shapes custom-tailored to the size, shape and architectural features of a space. The Libretto gridless metal ceiling system features individually fabricated...