Con Edison Creates Holding Company for Energy Entities

By Editors of Power Engineering

Consolidated Edison announced it has created Con Edison Clean Energy Businesses Inc. to serve as a holding company for Con Edison Solutions, Con Edison Development and Con Edison Energy.

Mark Noyes will serve as president and CEO of all three businesses, which are all co-located in Valhalla, New York. James J. Dixon will serve as senior vice president and COO of the companies.

“The energy industry is one of the most dynamic and complex components of our national economy,” said Joseph Oates, chairman of the Board of the Con Edison Clean Energy Businesses.  “Success in the energy sector requires extraordinary insight and expertise.  With their talent and experience, Mark Noyes and Jim Dixon will lead our team of skilled professionals so that our clean energy businesses achieve their fullest potential.”

Con Edison Solutions provides renewable energy, sustainability services, energy efficiency solutions, demand response and energy performance contracting for commercial, industrial, residential and government customers.

Con Edison Development develops, owns and operates renewable and energy infrastructure assets, and currently owns and operates a portfolio of 1,350 MW of renewable power sources across the nation.

Con Edison Energy provides an array of services for energy asset owners including consulting, planning, bidding, scheduling, fuel management and hedge execution. The company currently provides services to facilities totaling 6,200 MW.