The Optimira Energy Group traces its roots back to 1985 with the formation of the Rose Technology Group, one of the most respected and largest performance contractors in North America.
By 1999, Rose Technology had garnered a successful reputation in Canada for
effectively engineering and implementing multi-faceted projects. The company
was comprised of three defined business lines: facility renewal and upgrading,
new construction, and facility management. It was the only ISO 9001 certified
energy service company in North America.
Meanwhile in the US, Cinergy Corporation, a leading diversified energy company,
created a new division called Cinergy Business Solutions. Cinergy Business
Solutions evolved into a professional service firm that specialized in facility
infrastructure solutions. It earned a successful reputation for developing smart,
tailor-made, supply-side-targeted solutions for its industrial and public-sector
clients. Specifically, Cinergy Business Solutions provided creativity and innovation
as well as introduced new approaches, concepts and technologies in its
mission to improve the resource utilization of its clients. Cinergy’s unique
Facility Planning™ process focused on the customer’s facility energy infrastructure
processes and identified self-funding opportunities for energy process
re-engineering and new technology applications.
In 1999, Cinergy acquired the Rose Technology Group and merged it with Cinergy
Business Solutions; the combined entity became officially known by the name Vestar.
The company positioned itself as a powerful energy services company, providing
energy and operationally efficient design, engineering, construction, and outsourced
facility-management services to commercial, institutional, and industrial clients.
Within the next few years, Vestar evolved into a leading developer of energy facility
and infrastructure solutions in North America – one of the top five ESCOs, having
completed over 150 energy service projects totaling over US$250 million. Projects
ranged in value from US$150,000 to US$31 million.
With the purchase of Rose, Cinergy also acquired Optimira Controls, a building
automation company that was founded in 1997. As a wholly-owned subsidiary of
Rose, Optimira Controls had established itself as a leading independent provider of
building automation systems.
In 2004, Cinergy changed the name of the company from Vestar to Cinergy
Solutions – Demand, but retained the brand Optimira Controls.
In Spring 2006, Duke Energy merged with Cinergy Corporation, creating one of
North Americas’s largest energy companies. With the merger came the decision to
divest Cinergy Solutions – Demand and Optimira Controls. Adamas Energy purchased
the two divisions from Duke on April 11, 2006 and renamed the company
Optimira Energy to recognize its brand heritage and broad energy expertise.
Click here to learn more about the history of Optimira
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