Johnson Controls Inc.
Those looking to finance energy efficiency improvements, but uncertain which programs offer the best opportunity, could do no better than reading Joel Freehling’s white paper published by the American Council for an Energy-Efficient Economy (ACEEE), a nonprofit dedicated to advancing energy efficiency as a means of promoting economic prosperity, energy security and environmental protection.
Energy efficiency solutions provider Johnson Controls Inc. (NYSE: JCI) (market cap $27.5 billion) said Thursday it had signed an agreement to acquire the shares of EnergyConnect Group, Inc. (OTC: ECNG.OB), a small demand response software company based in Campbell, California, for $32.3 million. Shares of EnergyConnect rose 63% Thursday to close at $0.21 (market cap $28 million).
Shares of LDK Solar Co., Ltd. (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic (PV) products and the world's largest producer of multicrystalline solar wafers, rose 18 percent Monday after the company increased its guidance for its fourth quarter 2010 and fiscal year 2011.
(Other news: Johnson Controls, Inc.; Cree, Inc.)