Duquesne Light Holdings acquires energy efficiency solutions provider TEN

Duquesne Light Holdings, Inc. (DLH), the parent company of Duquesne Light Company (DLC) and DQE Communications LLC, announced Tuesday the acquisition of the majority equity interest of TEN Inc., which provides customized energy solutions to large businesses, governments, universities and hospital systems to enable those organizations to meet their energy efficiency and sustainability goals.

“We recognize the energy demands of business and institutional customers are becoming more complex,” Steve Malnight, president and CEO of DLH and DLC, said. “The investment in TEN will help us meet these customers’ evolving energy needs as well as advance our efforts to create and support a more sustainable energy future for the region and beyond.”

TEN is headquartered in Pittsburgh and has 35 employees who serve a diverse group of customers, with a significant concentration in western and central Pennsylvania. TEN’s clients include Carnegie Museums of Pittsburgh, the University of Pittsburgh, the cities of Cleveland, Ohio and Portland, Maine, in addition to multiple projects for the Commonwealth of Pennsylvania’s Energy Savings Program.
TEN’s CEO, Troy Geanopulos, and the company’s president and chief operating officer (COO), Rob Campbell, will continue to lead the company and will report directly to Malnight.

The acquisition provides DLH with a platform for growth and expansion with a focus on energy efficiency services, distributed generation projects, and smart street lighting and smart city solutions.

“We are thrilled to join the DLH portfolio of companies and become part of a team that will enable us to accelerate our growth, expand our market opportunities and meet our customers’ expectations,” Geanopulos said. “Our leadership team and employees are equally excited about this new venture and how it will allow us to expand our reach and help more companies and large organizations make the most of their energy dollars.”