Lime Energy to Divest Energy Technology Division

Lime Energy announced its intent to divest its energy technology division, which includes its proprietary eMAC HVAC and uMAC lighting controls. The company has engaged William Blair & Company to assist with the divestiture and plans to focus on its energy efficiency and renewable energy design/build solutions business.

“Lime Energy Co. (NASDAQ: LIME) announced today its intent to divest its energy technology division which is comprised of its proprietary line of eMAC HVAC and uMAC lighting controls. The company has engaged the investment banking firm William Blair & Company to assist with the divestiture.”

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