CLEAResult Acquires Populus

Innovative Energy Advisor Provider Expands CLEAResult’s Capabilities

AUSTIN, TEXAS (August 5, 2014) — CLEAResult, a leader in designing and
implementing energy efficiency programs for utilities, governments, schools and
businesses, announced today that it has acquired Populus LLC, headquartered
in Boulder, Colorado. Terms of the transaction were not disclosed.
Populus is a recognized innovator in the energy efficiency industry, and its
energy advisor programs have achieved over 70 percent participation rates for
the implementation of energy efficiency measures. Leveraging its proprietary
“People First. Buildings Second™” methodology, Populus has gained national
recognition for its success in encouraging program participants to make
continued investments in energy efficiency upgrades.

“The addition of Populus to CLEAResult allows us to offer our clients an
innovative, high-touch approach that successfully guides utility customers along
their energy efficiency journeys,” said Glenn Garland, chairman and CEO,
CLEAResult. “Populus’s approach is a natural extension to our residential
offerings. In addition, the Populus team’s focus, strong leadership, and innovative
expertise will allow our combined teams to bring next-generation energy
efficiency solutions to our clients.”

Founded in 2006, Populus’s core area of expertise is the comprehensive
implementation of residential programs that engage customers to make
investments in energy efficiency. Populus recently earned the position of #9
amongst energy companies and #139 overall on the 2013 Inc. 500 list of
America’s Fastest Growing Companies.

“By joining the CLEAResult team, we vastly increase our ability to affect energy
use on a much greater scale by making our energy efficiency programs more
accessible to millions of utility customers across North America,” said Laura
Hutchings, CEO, Populus. “We are very excited about our combined potential to
serve a broader set of clients as well as the career opportunities it will create for
our team members.”

Populus services will now be offered as part the CLEAResult brand while
retaining offices and teams in the greater Boulder, CO area. CLEAResult plans to expand availability of these offerings to its clients globally.

CLEAResult is a leading provider of energy efficiency programs and services.
Through proven strategies tailored to clients’ unique needs and market
dynamics, our experienced energy experts help change the way people use
energy for hundreds of utility and business partners around the globe. Founded
in 2003, CLEAResult is headquartered in Austin, Texas, and has over 1,250
employees in more than 40 cities across the U.S. and Canada. For more
information, visit