Lime Energy Co. Acquires Preferred Lighting, Inc.

Lime Energy Co. announced the acquisition of Preferred Lighting Inc., an energy efficiency and conservation company based in Redmond, Washington. The transaction was valued at $500,000 in a combination of cash and Lime Energy common stock. The acquisition expands Lime Energy's geographic presence into the Pacific Northwest.

“Lime Energy Co. (OTCBB: LMEC) announced today that that it has acquired Preferred Lighting Inc., an energy efficiency and conservation company based in Redmond, Washington. The transaction valued at $500,000 consisted of a combination cash and Lime Energy common stock.”

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