Navigant Consulting Acquires Summit Blue Consulting
"Summit Blue's dedication to excellence has established them as a highly respected service provider within the energy industry, and we are excited to have them join the Navigant Consulting team," stated William Dickenson, Executive Managing Director and head of Navigant Consulting's Energy practice. "The technological and regulatory changes impacting the energy industry require companies to rely increasingly on clean energy options. Summit Blue's expertise in energy efficiency, renewable energy, sustainability, Smart Grid and sustainable resource planning complements our current strategy in this space and adds further breadth and depth to our service offerings."
Founded in 2000, Summit Blue is an energy consulting firm headquartered in Boulder, Colorado. The firm supports the energy industry by working with clients to understand the technology, market, and regulatory risks associated with resource investment decisions, and developing strategies to quantify and mitigate those risks. Summit Blue's consulting team focuses on demand-side management program design and evaluation; assessment of clean energy resource potential; Smart Grid planning, demand response and renewable energy investment analysis; electricity pricing; and strategic resource planning. The team's analyses have helped numerous energy companies achieve their operational and performance goals. Additional information about Summit Blue Consulting can be found at http://www.summitblue.com.
"Summit Blue's focus is on assisting organizations in making informed decisions about energy investments and operations through data-driven analyses of available options. This approach aims to position utilities and energy companies for a profitable, sustainable future," stated Kevin Cooney, CEO of Summit Blue Consulting. "We're excited to join Navigant Consulting in order to further these goals. Navigant provides us with increased global reach and access to other leading Energy professionals that bring a broad set of analytical skills and industry knowledge that will allow us together to expand our best-in-class consulting services in the energy efficiency, renewable, and Smart Grid space."
Navigant Consulting's Energy practice is comprised of more than 250 energy experts who provide owners of energy supply and delivery assets the ability to evaluate, plan, develop, and enhance the operating value of their investments within evolving market and regulatory structures. Navigant's energy consultants offer deep industry knowledge, and functional expertise, in a range of services to public power and investor owned utilities, independent power producers, financial entities, law firms, government energy organizations, and energy equipment providers.
Additional transaction details were not disclosed.
About Navigant Consulting
Navigant Consulting, Inc. (NYSE: NCI) is a specialized independent consulting firm providing dispute, financial, regulatory and operational advisory services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. The Company focuses on industries undergoing substantial regulatory or structural change including healthcare, energy and financial and insurance services, and on the issues driving these transformations. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc. More information about Navigant Consulting can be found at http://www.navigantconsulting.com.
SOURCE: Navigant Consulting, Inc.