SANTA BARBARA, Calif. — Real estate management software provider Yardi® has announced the acquisition of energy services provider MCEnergy Inc.

Energy management services from MCEnergy include contract negotiations with leading electricity, natural gas, fuel oil, and green energy suppliers to provide reliable energy at competitive prices. Turnkey submetering solutions and energy and environmental tracking software give property managers access to energy, environmental, and sustainability data and information. MCEnergy’s product offerings complement existing Yardi solutions for utility billing, energy management, submeter data administration, and intelligent HVAC energy optimization software.

“MCEnergy has been providing market insights and energy management services to Class A commercial and industrial clients for nearly 20 years. Teaming with Yardi is a great opportunity to strengthen and extend our offerings on a national level and provide these services to the residential as well as commercial real estate communities. We are thrilled to join Yardi,” said Margaret M. Carey, president of MCEnergy.

“Yardi continues to focus on advancing our clients’ energy-related objectives by providing options to actively manage consumption, cut costs, and support environmental initiatives within a single full-business software platform. Acquiring MCEnergy is the latest step toward that goal, and we look forward to welcoming their energy, real estate, and software expertise to Yardi,” said Gordon Morrell, executive vice president of Yardi.

For more information about MCEnergy, visit www.mcenergyinc.com.

For more information about Yardi, visit www.yardi.com.

Publication date: 9/3/2015

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