A new SEC filing revealed today that Gridpoint ? a smart energy consultancy based in Arlington, Virginia ? raised another $23.6 million to design, build and install energy tracking and management systems for companies or government agencies seeking to cut costs and reduce consumption.
Founded in 2003, Gridpoint appointed a new chief executive, John B. Spiritos, last quarter (October 2010). In the spring last year, the company won a $28 million contract with the United States Postal Service (USPS) to install energy management systems in selected post office locations across the U.S. It also made a number of acquisitions in the smart-grid space.
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