
Black Bear Energy
Website: http://www.blackbearenergy.com
Type of Company: IT Services
Company Status: Realized
Business: Black Bear Energy serves industrial property owners in their procurement of renewable energy and clean technologies.
Outcome: Acquired by Legence, July 2022.
Co-investors: Rocky Mountain Institute, Peierls Foundation
Today Black Bear Energy Inc. turns ten! We are humbled to represent over 100 of the most forward-thinking real estate owners, honored to work with many leading partners and privileged to be a part of this industry.
My biggest learning over this past decade; the importance of culture to the success of an organization. Thank you to everyone who has helped shape this company and continues to do so.
We love what we do and we are just getting started. ONWARD!!
What does it take to lead a company that’s reshaping the future of energy? Drew Torbin, President of Black Bear Energy, a Legence Company, combines a passion for clean technology with a deep commitment to culture and community. In this executive spotlight interview, Drew dives into the exciting trends driving renewable energy, the unique dynamics of living and working in Boulder, and how Black Bear’s people-first culture keeps the team thriving.
Summit Ridge Energy and Black Bear Energy are proud to announce that construction has commenced on four industrial solar projects in Maryland. The sites, in Belcamp and Rosedale, total over 17 MW of rooftop hosted solar that will be part of the Maryland Community Solar program providing low-cost renewable energy to local residents. Developed and owned by Summit Ridge Energy (SRE) and facilitated by Black Bear Energy, these sites will generate over 30 million kWh of electricity annually – the equivalent of powering over 2,000 homes.
Black Bear energy is a buyer’s agent for institutional property owners who want to procure on-site renewables and clean tech. The team is so excited to become part of Legence, giving them the fastest way of scaling their sustainable solutions.
SAN JOSE, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Legence, an Energy Transition Accelerator™ and leader in building efficiency, has announced the acquisition of Black Bear Energy. Black Bear’s addition to Legence’s rapidly growing portfolio expands the firm’s renewable energy procurement services and further strengthens its capabilities for decarbonization. The announcement comes on the heels of two additional acquisitions and a new brand launch that integrates an experienced legion of best-in-class companies committed to making the spaces we occupy more efficient, healthy and sustainable.