Today energy management sustainability initiatives on enterprise wide focus for Boston Properties and the company's alignment with EnerNOC's EIS platform is another step in its journey to effectively aggregate and leverage its energy data. But added up, it can make a big difference: EnerNoc now has 1,500 megawatts under management. And we're excited to see this starting to take shape. Ladies and gentlemen, good morning. Tim Healy is an experienced executive chairman, CEO, and entrepreneur, with a demonstrated history working in the information technology, energy and managed services industries. The current estimated net worth of Enernoc Inc's Chairman & CEO, Timothy Healy, is estimated to be about $0 . Contact:Eugene HuntTrevi Communications, Inc.978.750.0333 x.101gene@trevicomm.com. We started a year ago and standing still in Korea and it's now accelerated to our third largest market internationally and continues to scale very nicely and we really like the scale and pace of that market and our position in that market as well. And with that, I'll turn it back over to Chris. Just wanted to clarify and dig into that a little bit more. Healyis an advisor to several area startups and coaches youth soccer. Yes, we're happy to do that. The company is based out of Boston, Massachusetts, US with offices in UK and US. This is truly a bittersweet move because Eric is succeeding our long-time Head of Sales, Gregg Dixon. Many of you had the opportunity to get to know Gregg over the 10 plus years that he led our sales organizations, so you understand the indelible mark he left on EnerNOC. We think it's just one of many drivers for demand response in the market right now. If you would like to claim this profile, contact us. Its mission is to bring AI to global grids in the service of grid reliability, risk management, and sustainability. At this time all participants are in a listen-only mode. We talked about a little bit of it. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Enernoc Inc (ENOC) using our online tools. Boston - June 29, 2017 - Cooley advised EnerNOC on its agreement to be acquired by the Enel Group, a global energy company based in Italy, for more than $300 million, including EnerNOC's net debt. We'll make a few comments on capacity performance which was approved and how we expect that might impact our business. EnerNOC, Inc. (NASDAQ:NASDAQ:ENOC) Q2 2015 Earnings Conference Call August 6, 2015 9:00 AM ETExecutivesChris Sands - Director, IRTim Healy - Chairman & CEODavid Brewster - PresidentNeil. Adam is a managing director and group head of Silver Lake Kraftwerk, a division of global private investment firm Silver Lake, which focuses on investments in growth companies in the energy and resources sectors. Timothy Healy who bought, In the last year, insiders at Enernoc Inc have sold an estimated value of, Mailing address is C/o Enernoc, Inc. 75 Federal Street, Suite 300 Boston MA 02110 MA. He graduated from Dartmouth College with a BA in Government and Economics, and received an MBA from the Tuck School of Business at Dartmouth. Timothy Healy's largest purchase order was 8,170 units , worth over Tim Healys income source is mostly from being a successful Actor. We bought World Energy in January of this year and so we should be through that process by the end of the year. Tim recalled a conversation during the early days of starting EnerNOC, when a new employee disclosed some uncertainty in their career choice to work at the cleantech start-up. Tim Healy Energy and Technology Executive; Former EnerNOC Chairman & CEO; Board Of Directors at Powin, Amperon, Recurve, and Micatu, Inc. We don't know what other demand response providers are thinking at this point. Adam also worked at technology innovators Apple Computer, Lucasfilm, and Sony in engineering and management capacities. The City of Austin, Texas, the Bank of Georgetown, Stevens Pass ski resort, Diamond Packaging, Southern Oregon University and marketer-printer Sandy Alexander are the first organizations to sign up to the 5 Year Renewable Energy Pledge run by the Renewable Energy Markets Association. "Better information creates much better outcomes for everyone for the whole industry, down to the end users. EnerNOC, Inc. (NASDAQ:ENOC) Q2 2015 Earnings Conference Call August 6, 2015 9:00 AM ET. And so we're optimistic. During this call, we will refer to non-GAAP financial measures, including non-GAAP income and loss, non-GAAP income and loss per share, free cash flow, and adjusted EBITDA. This deal exemplifies the transformation that is underway in the utility industry. Batteries are helping to optimize the power grid and opening up new applications and services for utilities and service providers. Tim Healy is an experienced executive chairman, CEO, and entrepreneur, with a demonstrated history working in the information technology, energy and managed services industries. I guess the magnitude of changes that are occurring and now you are measuring the timing and efficacy of those changes? Contact:Eugene HuntTrevi Communications, Inc.978.750.0333 x.101gene@trevicomm.com. Neil will provide details on our financial results, but from an operating perspective, I like what we achieved in the second quarter. No securities transactions are executed or negotiated on or through the EquityNet platform. We recommend you to check the complete list of Famous People born on 29 January. So to us it's prove out that this is an area that they should be allocating budget, get the budget, build a champion inside and then make sure that the economic buyer and the champion are aligned as to what the goals are that we're going to achieve and that we're achieving those goals. EnerNOCs global access to an estimated 24 gigawatts of C&Iload resources across North America, Asia, Europe, Australia and New Zealand could certainly help it on this front. More recently, EnerNOC was recognized with a 2012 Platts Global Energy Award for Industry Leadership, and Tim Healy was honored as CEO of the Year by the Massachusetts Technology Leadership Council. Capacity performance was approved; it will be introduced in the upcoming BRA for the 2018, 2019 delivery year. His books include Green to Gold, The Big Pivot, and Net Positive. Under his leadership, EnerNOC grew from a startup to an international leader in energy management, with nearly $500 million in annual revenues, before being acquired by Enel Green Power North America in 2017. In the last year, insiders at Enernoc Inc have sold an estimated value of $36.77M I think you should expect it to continue to move up, let's call it on a trailing 12 months basis for sure. Later we will conduct a question-and-answer session, and instructions will follow at that time. 2005-2023 EquityNet Inc. All Rights Reserved. A global network that brings together thought leaders to facilitate the energy transition and shape the future of energy. With a J.D. There is a single nomination for two baselines, summer and winter. Understanding the legal framework at a statewide regulatory level is critical to supporting the innovation needed to move toward a clean energy grid, says Wannop. As you're probably aware, the third quarter is typically our largest revenue and EBITDA quarter and that remains the case this year. Learn How rich is He in this year and how He spends money? Thanks, Neil. Healy and Wannop will join seven other advisory board members including: Robert Zulkoski, CEO of Conduit Capital Partners and former Chairman of Greenlots, a global electric vehicle charging infrastructure company purchased by Shell; and Scott Johnstone, who previously led Vermont Energy Investment Company, a $100 million energy project management and consulting firm. Yes, we're finding that there is low hanging fruit in that manner. And I think the comments that we made earlier were basically that from a capital deployment strategy our first focus is investing in growth particularly around our software business but we want to have an authorization in place to execute on -- in an opportunistic manner. If we look at international revenue, we saw the growth across the majority of our portfolio. Today, EnerNOC is one of the world's largest full-service energy management providers with over 700 employees and operations in the United States, Canada, the United Kingdom, Australia and New Zealand. But Alex noted its not just about finding the perfect invention to take to market that makes an entrepreneur successful. Businesses need to understand how does this transform their organization, what business process changes does that mean? Our final question today comes from the line of Andrew Weisel with Macquarie. Use the Activity system to track interested investors, and send prompt follow-up messages to investors who viewed your profile or showed interest. Tim Healy brings a career of senior executive experience in energy, utilities and demand response solutions. I think we might see that for another quarter or two quite frankly. Sign up now to unlock full company profiles and access financials, investor documents, and engage companies. EnerNOC founder and ex-J.P. Morgan executive bring their expertise to expand Amperon's platform and be a major player in the energy transition. HOUSTON, Aug. 10, 2022 /PRNewswire/ -- Amperon Holdings, Inc., the leader in AI-powered grid forecasts, today announced Tim Healy and Catherine Flax as the newest members to join the board of directors and help position Amperon as the grid analytics platform for the energy transition. We're finding that as a demand response company we have a unique selling proposition because in many respects you can think of our customer acquisition costs as being lessened by the fact that we can go in there and offer the customer an economic benefit of participating in demand response and engaging in an investment in our Energy Intelligence Software platform at the same time. So we see this as it's a slow-going process. Discover Tim Healys Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. While at Lighthouse, Ned's investments have included AppIQ (acquired by HP), Aprimo (acquired by Teradata), EnerNOC (NASDAQ: ENOC), Sandburst (acquired by Broadcom) and ZipCar (NASDAQ: ZIP). Boston Properties has invested in a holistic enterprise approach to energy data management which aims to differentiate the company to its investors and customers. While we are disappointed with that development and its impact on our utility ARR, we continue to see improvement in the quality of our utility ARR as the mix shifts from turnkey demand response to subscription-based EIS. Turning now to some of the metrics we are using to track the development of our software business, I will begin on Slide 5, with our enterprise business where we ended the quarter with approximately 4,300 customers and approximately 79,000 sites. Take others advice but most importantly, make sure you find the pieces in that advice that work for you and your company.-Tim Healy, former Chairman and CEO of EnerNOC (now Enel X), and newly announced advisor to Dynamo Energy Hub. But is there some low hanging fruit in terms of customers can think about this not necessarily carving out a new budget or but utilizing a portion of the software that should effectively pay for itself? EnerNOC has been struggling on multiple fronts. In 2007, he led EnerNOC's initial public offering, which was named IPO of the Year by the Association for Corporate Growth Boston and Mass High Tech magazine, and received the Ernst & Young Entrepreneur of the Year Award in New England. The site reduction associated with right-sizing activity in the quarter was more than offset by the addition of approximately 8,000 utility bill management sites related to the U.S. expansion of a large retail customer that we mention on last quarter's call. In fact, many have taken what they have learned from their time atEnerNOCand continue to evolve, especially as it comes to company culture and diversity and inclusion. In its core U.S. demand response business, it has had to contend with legal threats, market changes, and increasing competition. Our utility revenue increase modestly year-over-year to $13 million. EnerNOC, Inc. (NASDAQ:NASDAQ:ENOC) Q3 2015 Earnings Conference Call November 5, 2015 9:00 AM ETExecutivesChris Sands - Director of Investor RelationsTim Healy - Chairman and Chief Executive. Timothy Healy usually trades in March, with the busiest year in 2016. Yes, John, it's Neil. Ned has more three decades of experience in the technology industry as an investment banker, venture capitalist, and senior finance and operations executive. Mill Valley, California, United States. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. We don't know that for sure obviously but there are some intuitive observations that would suggest and I don't think that we're alone in predicting that you could see higher prices for the capacity performance product. One last word in the market before I turn it over to David, on our last call we told you about the importance of developing an ecosystem around EIS and highlighted our partnerships with Sun Power and Tesla as a couple of early examples. January 26, 2021 10:00 ET These early enterprise customer span many industry verticals where we found particular success in the commercial real estate, food and beverage, energy, light industrial, and government verticals. And weve spent the last five years trying to convince engineers of HVAC systems and building engineers that thinking about ventilation differently is not going to break their buildings, and in fact, can be a way to deliver great indoor air quality, and do it much more energy efficiently and reduce carbon impact of buildings.. Q2 GAAP net loss was $19 million or $0.66 per diluted share compared to a net loss of $27 million or $0.96 per diluted share in the second quarter of 2014. I just think that the one added element is that we are not in there with existing budgets saying that we are coming with a solution that's better, cheaper, faster, and in the cloud. These are the people that will make you sharper and balance your perspective Christian Weeks, CEO of enVerid Systems, The reality is, youre going to have valleys of death and multiple mountains beyond that first peak. So certainly we're going to look to continue to add as much as context and color to the metrics that we provide and make sure that we're doing our part to put those in context for everyone as well. Right now, I think what we chose to focus on as our strategy was survey the market, pick a good partner, go after the U.S. and Canada market together because we did limit the arrangement to the U.S. and Canada with Sun Power and we really try to build out this capability, prove the value proposition to customers and do what we did. When discussing implementing a similar practice at Ayer Labs,Alex Wright-Gladsteinnotes: Be really careful about hiring, dont just hire fast as you need to fill a role, make sure its the right person, because firing sucks. Jeff St. John June 22, 2017 BURLINGTON, Vt., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Packetized Energy announced that Tim Healy, former Chairman and CEO of energy intelligence and demand response leader EnerNOC, and Allison Bates Wannop, Founder of 44 North PLC, have joined its Board of Advisors. That last feature, automating compliance reporting as highlighted in the Boston Properties example has turned out to be an especially popular use case in the wake of significant increases in energy disclosure requirements. Where Will DOEs Loan Program Make the Next Climate Tech Investments? So we -- in the past in the last two years, we have been active in both years in repurchasing our stock. Tim Healy's income source is mostly from being a successful Actor. There's going to be an increased emphasis on renewables and other means for utilities to meet there -- I guess it's another means for utilities to execute on their strategy to get closer to their customers and engage their customers in a more complex environment that they're operating in. Yes, we are excited about what Eric brings to the equation. Prior to EnerNOC, Healy worked in the Energy Technology Laboratory for Northern Power Systems, Inc., and held positions with Merrill Lynch, International Fuel Cells (now UTC Fuel Cells), and the venture capital firm Commonwealth Capital Ventures. So, how much is Tim Healy worth at the age of 71 years old? 1230 Avenue of the Americas Manhattan, New York, NY 10020. As a reminder, ladies and gentlemen this conference is being recorded. Catherine and Tim are the latest additions to Amperon's board, rounding out a highly experienced team that includes Michael D'Aurizio, Investment Director at HSBC Climate Tech Venture Fund, as well as founders Abraham Stanway and Sean Kelly. And don't get me wrong, delivering cost savings is an important benefit of our software but we're finding customers are just as excited about the business productivity gains and improved risk management strategies that our EIS platform delivers. They were all great ideas but apply the 80/20 rule. Thanks, guys. Relative to where we began the quarter, that represents roughly 100 fewer customers but more than 7,000 additional sites on a net basis. As we look to the second half of this year and beyond, we expect many of our early customers to take the next step, renew at increased levels, expand their deals with us and drive more productivity and value for their organizations. Making sure that our customers experience with our software platform meets and exceeds their expectations, it's critical to ensure we have the opportunity to now expand our business with these early adopters. EnerNOCwas noted for having a process which utilized a cross-functional team to participate in the interviews. The Asia-Pacific region was the largest driver of the year-over-year improvement due to the aforementioned growth in Western Australia and South Korea. He served for over 16 years as Chairman and CEO of EnerNOC, providing energy. Tim Healy co-founded EnerNOC in 2001 and serves as its Chairman and CEO. "To have Tim, the pioneer in demand-response technology, and Catherine, a dominant figure in global commodities, join our board only solidifies the important work Amperon is doing. Timothy Healy owns about 1,353,907 units of Enernoc Inc common stock. Insider trading is most common in March, with the busiest year in 2016. These are non-GAAP financial measures that are not prepared in accordance with generally accepted accounting principles. Net Worth in 2021. They've been very successful and have a great management team. I just said, in some case, there is typical barrier is the budget. Just one more comment, capacity performance is expected to account for approximately 80% of capacity in the 2018, 2019 delivery year as well as the 2019, 2020 delivery year before becoming the sole product in the 2020, 2021 delivery year. The team at Packetized Energy really understands todays rapidly evolving energy system and what we need to do to transition to the future. Packetized Energy But I think there is a relatively high kind of test rate in terms of sampling EIS in the customer base. EquityNet receives no compensation in connection with the purchase or sale of securities. He is also on the board of several growth companiesincluding Powin and Micatu, as well as the New England Aquarium. Our utility ARR declined by $3 million sequentially in the quarter due to the expiration of a demand response contract with a utility in the Southwestern United States. Despite its financial difficulties, EnerNOC has an established presence and brand in the U.S. market and in parts of Europe, and continues to grow its presence in the Asia-Pacific region. David has pioneered efforts to make customer participation in these markets more effective through improved market rules and technologies. Scott was an early investor in EnerNOC (Nasdaq ENOC), Massive (acquired by Microsoft) and Image Space Media (acquired by Vibrant Media). The expiration of the contract I just mentioned resulted in high utility churn rates for the quarter. In addition to hiring great people, creating and infectious and passionate environment, speakers noted the importance of diversity and inclusion and how it is up to founders and company leaders to make sure that the people aspect is paramount. I know that traditionally we have differentiated ourselves to customers, to utilities and in many respects to grid operators who acknowledge that EnerNOC has always led the pack in terms of its technical capabilities, in terms of its customer flexibility and the like. The year-over-year improvement was primarily driven by high margin PJM revenue again associated with the new extended and annual products without which gross margin would have been approximately 40%. But I think there are a lot of information companies as well, the ERP vendors, the CRM vendors that are looking to help various parts of the enterprise and the utility ecosystem expand what those software products can do in terms of dealing with some of this new complexity in the energy ecosystem. Several of our enterprise customers are already heading down this path and have made the leap to widespread adoption of our software. Grid operator revenue of $42 million was 81% higher than it was in the prior year period. In the U.S., rival demand response provider Comverge was recently acquired for $100 million by smart meter giant Itron for $100 million. It isn't as familiar with the type of metrics that drive this part of our business as they are with what has driven our growth over the past seven or eight years. We view this as a normal course corporate activity and I would like to remind you and emphasize that our top capital deployment priority remains investing in the growth of our enterprise and utility EIS business. So I think overall it's one more factor. Our next question comes from the line of Monika Garg with Pacific Crest. Under the terms of the acquisition, EnerNOC expects to continue in all its current lines of business, and to incorporate its software and services into Enels growing suite of customer-facing energy services. And for Tim Healy and the other founders in attendance, this is clearly the goal for all focused on the cleantech energy transition. And I would just like to ask first of all, could you talk a little bit about any expectations you have for the PJM auction later this month given the new performance criteria this year? First, I agree with your assessment that about 80% of what clears in the BRA should be CP. Excluding that acquisition, a small divestiture during the second quarter of last year, and the impact of the completion of our initial Massachusetts Department of Energy Resources contract in the second half of last year, enterprise revenue grew by approximately 14% year-over-year. Tim Healy is an experienced executive chairman, CEO, and entrepreneur, with a demonstrated history working in the information technology, energy and managed services industries. I think it's an interesting time for demand response right now because it's a proven resource, it's mature resource and yet it still has a tremendous amount of potential and that potential only grows as we see more and more applications to add value on the demand side of the equation. GAAP diluted earnings per share is expected to be in the range of $0.47 to $0.57 and non-GAAP diluted earnings per share is expected to be in the $0.80 to $0.91 range. degree from Northwestern Law and a B.A. In addition to managing EnerNOCs Western US sales team, James personally brought over 250 megawatts of Demand Response into programs across the United States. The old adage "It's 5 O'clock somewhere" was in effect last week as Dynamo Hub Members from near and far joined our cocktail-roundtable hosted by Tim Healy, former Chairman and CEO of . These include, but are not limited to, management's future expectations, beliefs, intentions, goals, strategies, plans, prospects and any other statements that are not historical facts. During the past five years, Adam formerly served on the boards of directors of Control4 Corporation, Conviva, Inc., GridIron Systems Inc., Numerate, Inc., Sentient Energy, Inc., SiBEAM, Inc., and Silver Spring Networks, Inc., each a privately held company, as well as EnerNOC, Inc., Rohati Systems, Inc., which was acquired by Cisco, and Naverus, Inc. Scott is a co-founder and managing partner at [New Atlantic Ventures](http://www.navfund.com/). Im looking forward to helping Packetized Energy bring those insights directly to regulators and decision-makers.. However as you can see on Slide 6, we achieved a negative 4% net churn rate, driven by significant negative net churn for our enterprise EIS platform. In this case, it demonstrates that over the last 12 months, we increased from revenue from existing customers despite the intentional culling I just mentioned. Tim Healy CEO at EnerNOC Arlington, Massachusetts, United States . Tim Healy Net Worth. And as I mentioned, I think demand response's value in the marketplace is set to increase over the next five to 10 years. Turning to margin, we posted consolidated gross margin of 54% in the second quarter, which represented a significant improvement over the 37% we achieved in the second quarter of last year. Any sense of what the, I guess, more substantial barriers to adoption are for EIS software and how you are working to identify overcoming those? This is a publicly traded company and is listed on NASDAQ: ENOC. That's when we'd start to potentially see us getting down to a smaller megawatt portfolio because in the interim we will still have an opportunity to mix our portfolio with capacity performance as well as the current baseline products that exist. This new business unit, headed by former Enel Green Power chief Francesco Venturini, has set its sights on electric mobility, vehicle-to-grid projects, recharging infrastructure, energy-efficiency management, batteries and energy optimization platforms, public lighting and distributed generation systems.. The majority of the World Energy customers are customers that we think are great candidates for our enterprise software offering. Additional information concerning these Risk Factors is contained in our filings with the SEC, including our annual report on Form 10-K and quarterly reports on Form 10-Q available at www.sec.gov. Sites is another way to think of other software companies' seat licenses model. It is a multistep process that we are asking our team to take and be very disciplined with. Tim Healy co-founded EnerNOC in 2001 and serves as its Chairman and CEO. Thank you. EquityNet is not a registered broker-dealer and does not offer investment advice or advise on the raising of capital through securities offerings. Congress Passes Spending Bill With Solar, Wind Tax Credit Extensions and Energy R&D Package, The 5 Most Promising Long-Duration Storage Technologies Left Standing, I Fully Converted a Home to Electricity. What about within demand response? His books include Green to Gold, The Big Pivot, and Net Positive. We're seeing that there is a dramatic increase in our effectiveness with working with our customers to ensure that we identify what those customers are trying to achieve in terms of their customers' success objectives, making sure we identify those early on. Companys expanding advisory board will support business development and strategic partnerships to enable rapid new growth. We disclaim any obligation to update them to reflect future events or circumstances. We had some exciting developments with our utility customers in the second quarter. The company was founded in 2001 by Tim Healy and David Brewster. I think the other place that we're finding is we are finding that when we discover that customers are already operating on Microsoft Office and they are using Excel spreadsheets to do work and that's where we can come in and talk about the productivity gains and show the types of return on investment, return on their time component that then builds those internal champions. Tim Healy - Chairman and Chief Executive Officer. We haven't repurchased any stock to-date in 2015. $60.11K . and Timothy Healy, Chairman & CEO If I help bridge that gap, that could be worthwhile.. And it makes me really proud. Tim Healy. Timothy Healy who bought 8,170 units worth By quickly adopting multiple EIS products to serve the energy intelligence needs of all of its business customers, Consumers is operating with a sense of urgency to adapt to the changing landscape and get closer to its customers. Enel has been acquiring companies to get there, starting with Demand Energy in January, and now EnerNOC. We expect the decision by the end of that session, but we're not handicapping any timeframe before that. The old adage Its 5 Oclock somewhere was in effect last week as Dynamo Hub Members from near and far joined our cocktail-roundtable hosted byTim Healy, former Chairman and CEO ofEnerNOC (now Enel X), and newly announced advisor to Dynamo Energy Hub.
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