Canaccord Genuity: Green Building Semimonthly

May 23, 2011 10:38 AM EDT
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Canaccord Genuity: Green Building Semimonthly

Canaccord analyst, Eric Prouty, said that the deployment of ISO 50001 standards for building efficiency slated for the third quarter of 2011 is a net positive for companies in the energy efficiency space including:

Ameresco (NYSE: AMRC)(BUY), Johnson Controls (NYSE: JCI)(Not Rated), Lime Energy (Nasdaq: LIME)(SPECULATIVE BUY) and Orion Energy (NYSE: OESX)(BUY).

Prouty also said, “ISO 50001 which will establish a framework for industrial plants, commercial facilities or entire organizations to manage energy will likely accelerate adoption of energy efficiency practices and drive companies/organizations to continuously improve their energy performance.”


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