Orion Energy Systems Partners with Leading Energy Management Service Provider
MANITOWOC, Wis., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance service solutions, is pleased to announce a new relationship with a prominent energy management service provider that serves over 6,500 customer locations across the county. Orion expects this relationship to generate revenue of $2 - $5 million per year, with initial revenue anticipated in its fiscal 2025 fourth quarter ending March 31, 2025.
Orion will conduct facility lighting audits, install lighting retrofits and provide ongoing maintenance support to improve energy efficiency and promote sustainability for the service provider’s diverse nationwide customer base. Additionally, it seeks to enhance the quality of the lighting environment, contributing to a safer and more inviting atmosphere.
“We are committed to helping our new turnkey customer decrease their clients’ facility energy consumption while reducing environment impacts,” stated Michael Jenkins, Orion CEO. “Our extensive experience in delivering comprehensive lighting retrofit programs for large national customers played a crucial role in our selection for this partnership. Our strategy not only focuses on energy efficiency and savings, but also assists businesses in achieving their sustainability goals while improving lighting conditions at their facilities.”
About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe, and sustainable solutions that reduce their carbon footprint and enhance business performance.
Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our sustainability goals and progress , or visit our website at .
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