The first $2m contract in new UI business include substation, transmission and distribution work for ongoing utility system maintenance and construction projects, mainly for large utilities and large industrial sites.
Valued at $24m, the second EE contract includes $23m in new orders for cold-case lighting and display lighting for retailers, new orders for area lights from utilities, as well as the first larger-scale orders for a brand new commercial lighting product the company has introduced to the market.
The remaining $1m covers ESCO projects, which involves implementation of energy efficiency improvements at public housing facilities.
PowerSecure chief executive officer Sidney Hinton said, ”We appreciate these opportunities to serve our customers and are excited to get 2014 off to a strong start with new order activity and backlog additions across all three of our key business areas.”
The company also secured a $24m contract for a 3MW solar project for a major biotechnology company and turnkey DG projects for major industrial sites and retailers.
