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 CGS Acquires CoR Advisors

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WASHINGTON, DC Ė June 22, 2010 Consolidated Green Services, LLC (CGS) announced today the acquisition of CoR Advisors, a real estate consulting firm that provides strategic planning for energy management, sustainable operations, building automation, and general building technology solutions. CGS is a leading systems integrator located in Bethesda, Maryland that offers customers fully integrated energy savings and efficiency solutions that lower operating expenses, improve financial performance, and reduce environmental impact.

"The acquisition of CoR Advisors enables CGS to broaden our market reach in commercial and corporate real estate through CoRís extensive customer network and channel relationships," said Larry Winkler, CEO of CGS. "In addition, we will be expanding our service offerings to include a new research, education, and consulting division led by Darlene Pope, who has established herself as a leader in this arena over the past 15 years."

"Our partnership with CGS provides a strategic advantage in providing energy management and sustainability services, which are in extremely high demand in the commercial marketplace," said Pope, Co-Founder and Principal of CoR Advisors. "Together, our companies are uniquely qualified to provide a complete range of services for building owners and occupants, from technical design and system integration through ROI analysis and financing."

PlantPROCORE Founded by a team with extensive experience in the technology, telecommunications and real estate sectors, CGS bundles green technologies and best practices with property management and operations experience, networking and information technologies,
systems integration, and financial sophistication.

"We believe the integration of CoR Advisors business into CGS provides a perfect complement to our existing service offerings. In addition, they fit well with our corporate culture of highly-motivated, results oriented leaders who truly want to influence change in the industry," added Winkler.

As a privately held company, Consolidated Green Services has the ability to raise private capital to finance the cost of projects and repay that capital commitment with guaranteed savings that result from the project improvements. This gives CGS the ability to pursue innovative, long-term energy solutions that are good for clients, good for business, and good for the environment. CGS understands that their business is only as good as the return on investment that they deliver to their customers.

About CoR Advisors:
http://cts.vresp.com/c/?CREPartners/e40b6d430e/ac5bb7a40f/c3d1011fe2

About CGS:
http://cts.vresp.com/c/?CREPartners/e40b6d430e/ac5bb7a40f/83389babc6

 

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