Carrier Sells NORESCO to OPTERRA Energy Services

An exciting step forward as NORESCO and OPTERRA Energy Services move closer together following Carrier’s announcement of a definitive agreement. This moment strengthens our shared ability to support critical infrastructure and the communities we serve. Our focus remains unchanged: delivering outstanding outcomes for customers and employees every day.

Big news - What makes the NORESCO sale interesting is how clearly it fits the path Carrier HVAC has been on for some time. If you zoom out, this is not just one business changing hands. Carrier has been rewriting its portfolio around a sharper climate and building technology story. Over the past few years alone, the Viessmann Climate Solutions acquisition supported Carrier’s strategy to capitalize on the rapid energy transition in Europe. The 75F acquisition pushed further into smart buildings, controls, and software-led optimization. On the other side of the ledger, Carrier has also divested businesses that may be strong on their own, but sit further from where the company is focusing for the future. That includes RIELLO, the separation of its Commercial and Residential Fire business, and the sale of its Commercial Refrigeration business to Haier. That history matters because it shows this is not a new instinct as much as it is part of the longer portfolio rewrite. When you line up each move, the pattern is pretty clear: Carrier is focusing on the businesses that best fit its long-term vision. In that context, this morning's announcement feels less like an isolated event and more like another step in a very deliberate redefinition.

The future of American energy isn't built in a single day. It's built project by project, partnership by partnership, community by community. Across the country, Sol Systems is developing, owning, and operating clean energy projects that strengthen domestic energy production and create lasting value for the communities they serve. From Illinois to Texas, Ohio, and beyond, every project reflects the power of American innovation, local partnership, and long-term investment. Together, we're building energy infrastructure that supports a stronger, more resilient future. Happy Fourth of July from all of us at Sol Systems.

We’re proud to announce Powertown as a 2026 Platinum Partner! "On March 16, 2026, Governor Healey signed an executive order directing Massachusetts to deploy 5 gigawatts of new energy storage by 2035. The state is paying buildings to help. We enroll your Powerblock in various programs that pay you. This enables grid resilience and energy abundance in the state." Learn more about Powertown here! https://lnkd.in/e57vjCN6

Carrier has entered into a definitive agreement to sell its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. NORESCO has built a strong legacy of helping customers improve energy efficiency, modernize infrastructure and advance sustainability goals across North America. We are grateful to the entire NORESCO team for their dedication, expertise and many contributions to Carrier. We are confident NORESCO is well positioned for its next chapter with the dedicated focus and investment that OPTERRA and LS Power will provide. Read more: https://bit.ly/4fCZ6FG

Breaking the 190 GW barrier isn’t just a big number; it is confirmation that the industry demands comprehensive, unified solutions. Today, we are celebrating a historic milestone: 𝗢𝘃𝗲𝗿 𝟭𝟵𝟬 𝗚𝗪 𝗼𝗳 𝗰𝗹𝗲𝗮𝗻 𝗲𝗻𝗲𝗿𝗴𝘆 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗮𝗿𝗲 𝗻𝗼𝘄 𝗺𝗮𝗻𝗮𝗴𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗕𝗹𝘂𝗲𝗻𝗰𝗲 𝘀𝘂𝗶𝘁𝗲. This consolidates Isotrol's position as a premier strategic partner for Utilities, IPPs, Asset Managers, O&M operators, EPC contractors, market agents, and retailers across five continents. 🎯 𝗧𝗵𝗲 𝗞𝗲𝘆: 𝗢𝘂𝗿 𝗧𝗿𝘂𝗲 𝗘𝗻𝗱-𝘁𝗼-𝗘𝗻𝗱 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵 This progress is driven by a clear value proposition: enabling major operators to rely on a 𝘀𝗶𝗻𝗴𝗹𝗲 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿 to cover the asset's entire life cycle. We seamlessly connect physical on-field generation with operations, maintenance, and energy trading in the wholesale market. This milestone is a reality thanks to the trust of our clients and partners. You are the true driving force behind this achievement. Thank you for joining us on this journey, we will continue to drive the future of renewable energy together! 🚀 👇Click the link below to discover more about this mileston: https://lnkd.in/e-AND_2m

FOCUS on how critical energy infrastructure companies like FD Hayes Electric Co. are helping power the next 250 years. For more than a century, skilled trades have helped build our community, and today they continue connecting Greater Lansing to a stronger future. Learn More on Page 24 https://lnkd.in/egThbC4

Metrus Energy's Austin Bergeron and Robert Morin will be in San Francisco next week for the members-only regional NAESCO - National Association of Energy Service Companies meeting. Austin and Rob will participate in discussions focused on efforts to promote the modernization of energy and building infrastructure in the western U.S.

Vinnie Figlioli and Chris Kobayashi toured FuelCell Energy's headquarters in Danbury, Connecticut, and got to see firsthand how clean, reliable, and scalable energy solutions are being manufactured for the grid. This is the kind of hands-on engagement with the industry that we value across our team. Thank you to FuelCell Energy for the walkthrough and hospitality.

From a start-up to a cluster-structured global engineering company in just five years. In the latest edition of Survive & Thrive, our Managing Director, Luigi Zanzi, shares the journey behind NEXT COOLING. Thank you to the EIC (Energy Industries Council) for the opportunity. https://lnkd.in/d78xv83