ICF to Deliver Equitable, Clean Energy
Programs to One of the Largest Counties in the Nation
RESTON,
Va., July 30, 2024 /PRNewswire/ -- The Los
Angeles County Southern California Regional Energy Network
(SoCalREN) recently awarded a contract to global consulting and
technology services provider ICF (NASDAQ: ICFI) to design and
deliver their full portfolio of residential energy efficiency
programs. The recompete contract has a value of $17 million and a term of nearly three
years.
ICF will implement a suite of residential programs for one of
the nation's largest counties, which are designed to bring millions
of dollars in incentives to local communities to advance equitable,
clean energy solutions. This includes supporting multifamily
properties across 13 Southern
California counties as well using data analysis to target
hard-to-reach and underserved communities which will help to
accelerate program delivery in areas that will have the greatest
impact.
ICF will also leverage their proprietary cloud-based energy
customer platform to monitor program performance in real time,
enabling SoCalREN to make fast, effective program optimization
decisions and provide a more streamlined customer experience.
"The Southern California
region's energy programs are positioned for exponential growth and
impact over the coming years," said Anne Choate, ICF executive
vice president for energy, environment and infrastructure. "Having
worked with LA County since 2017, ICF has a solid understanding of
the energy needs of the region and its customers, as well as their
regulatory and equity goals. SoCalREN's program will go a long way
toward building a foundation to advance equitable decarbonization
efforts across the region and make measurable strides toward
accelerating the state's transition to clean energy."
ICF partners with the nation's top utilities and developers,
along with nearly every U.S. federal agency, state energy office
and energy non-governmental organization, providing end-to-end
offerings across the energy value chain—from strategy to planning
and analysis to implementation. The company currently delivers over
250 active energy efficiency, electrification and demand management
programs across North America,
including for over 60 utilities, and is one of the largest
electrification implementers in the U.S.
ICF's energy experts work hand-in-hand with the company's
technologists, data analysts, marketers and more to design and
implement cost-effective, award-winning utility programs that
deliver maximum energy savings and advance the transition to clean
energy.
Read more about ICF's energy efficiency and
electrification services.
About ICF
ICF is a global consulting and
technology services company with approximately 9,000 employees, but
we are not your typical consultants. At ICF, business analysts and
policy specialists work together with digital strategists, data
scientists and creatives. We combine unmatched industry expertise
with cutting-edge engagement capabilities to help organizations
solve their most complex challenges. Since 1969, public and private
sector clients have worked with ICF to navigate change and shape
the future. Learn more at icf.com.
Caution Concerning Forward-looking
Statements
Statements that are not historical facts
and involve known and unknown risks and uncertainties are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Such statements may concern our
current expectations about our future results, plans, operations
and prospects and involve certain risks, including those related to
the government contracting industry generally; our particular
business, including our dependence on contracts with U.S. federal
government agencies; our ability to acquire and successfully
integrate businesses; and various risks and uncertainties related
to health epidemics, pandemics, and similar outbreaks. These and
other factors that could cause our actual results to differ from
those indicated in forward-looking statements that are included in
the "Risk Factors" section of our securities filings with the
Securities and Exchange Commission. The forward-looking statements
included herein are only made as of the date hereof, and we
specifically disclaim any obligation to update these statements in
the future.
Contact: Lauren
Dyke, lauren.dyke@ICF.com, +1.571.373.5577
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SOURCE ICF
