Utilities becoming major players acquiring mechanical contractors

Midwest's president expresses the view that utilities will become major players controlling retrofit and performance contracting, reflecting a trend of mechanical contractors selling to utility-backed consolidators.

““If you sell to a utility you become part of a significant player in the industry, because there is no doubt that utilities will become major players. Utilities are going to control a lot of retrofit and performance contracting. We certainly want to do that work.””

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