Westborough, MA

December 7, 2023

NORESCO has been recognized as an Accredited Energy Service Provider (ESP) by the National Association of Energy Service Companies (NAESCO), the leading advocacy and accreditation organization for energy service companies dedicated to modernizing America’s building infrastructure through performance contracting. NORESCO is part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

"NORESCO is a leader in energy transition, and we’re excited to once again receive this important accreditation from NAESCO,” said Darcy Immerman, Senior Vice President, Strategy & Growth, NORESCO. “Since the 1990s NAESCO has advocated for energy efficiency in commercial and residential buildings, which represent more than 40% of the United States’ energy consumption. As NORESCO approaches its 40th anniversary, we are proud to support NAESCO’s advocacy and accreditation activities.”

NORESCO has maintained accreditation by NAESCO since 1996. By sustaining its status as an Accredited ESP, NORESCO has been determined to possess:

the technical and managerial competence to develop comprehensive energy efficiency projects, which may include lighting measures; efficient motors and drives; and measures involving heating, ventilation and air conditioning systems;

the technical and managerial competence to provide a full range of energy services, which may include conducting energy audits; providing or arranging for project financing; design engineering; providing operations and maintenance services; and verifying energy savings according to accepted industry practice;

the regular business practice of developing performance-based projects, with the term “performance-based projects” defined to mean projects for which NORESCO’s compensation is contingent upon the projects realizing verified cost savings; and

the technical and managerial competence to provide energy supply, through the development and implementation of build/own/operate distributed generation, cogeneration or combined heat and power (CHP) projects or the firm contracting of energy supply.

NORESCO offers a range of product and service delivery models to meet the needs of customers as they adapt to and mitigate the impacts of climate change by decarbonizing, modernizing and electrifying aging infrastructure.

For more information about NORESCO services, visit www.noresco.com.

About NORESCO

NORESCO, a part of Carrier Global Corporation, helps customers modernize aging building systems and upgrade energy and water infrastructure to meet evolving demands. We implement innovative energy efficiency, distributed generation, energy storage, and renewable energy solutions that optimize the operational efficiency and improve resilience of buildings, campuses, military installations, and communities. To date, NORESCO has implemented solutions that provide more than $5 billion in guaranteed energy and operating cost savings at more than 10,000 facilities, while reducing customer CO₂ emissions by more than 25 million metric tons – the equivalent of planting 1.4 million acres of forest. For more information, visit www.noresco.com