For Immediate Release

Ross Reida Joins Building Energy to Head Up Online Marketplace Finance Launch

Building Energy Offers the first Data-Powered Online Financing for Better Buildings

Portland, OR, – August 12, 2015 – Building Energy Inc., a leader in enabling transformational improvements in building energy and resource efficiency, announces the hiring of Ross Reida as Director of Finance Programs.

“By adding online data-powered capital to our ecosystem, Building Energy removes a huge obstacle to widespread adoption of energy and water efficiency for buildings,” said Magnus Cheifetz, Building Energy CEO. “As an innovator of finance mechanisms that benefit both owners and providers, Ross Reida is the ideal person to lead Building Energy in delivering data-powered capital for better buildings”, Cheifetz added.

With more than 20 years of commercial finance experience, most recently with Crestmark Bank/TIP Capital, Ross is a recognized leader in the design and implementation of effective energy efficiency financing strategies for commercial lighting, controls, and HVAC system retrofit projects, as well as commercial PV solar and energy storage.

About Building Energy Inc.

Building owners and managers, energy service providers, and sustainability professionals use Building Energy to design, implement, manage, and finance energy and resource projects. The Building Energy ecosystem connects those who pay utility bills with shared savings programs and "better buildings-as-a-service" measures such as smart thermostats, sensors, and controls, advanced LED lighting, HVAC improvements, solar and storage technologies. Cities use Building Energy to manage compliance with energy disclosure and audit requirements, outreach, and owner engagement. Portfolio owners and managers use Building Energy to identify opportunities and track results through the Building Energy data-powered "rolling profile" energy management module. Building Energy is the only commercial production system that incorporates the emerging BEDES standard for data interoperability.

To learn more about Building Energy, please visit: http://www.buildingenergy.com.

Contact Information

Magnus Cheifetz

d.magnus.cheifetz@buildingenergy.com
(847) 337-7910