{"id":2073781,"date":"2023-07-12T15:00:00","date_gmt":"2023-07-12T20:00:00","guid":{"rendered":"https:\/\/csengineermag.com\/?p=2073781"},"modified":"2023-07-11T10:46:00","modified_gmt":"2023-07-11T15:46:00","slug":"energy-systems-group-esg-partners-with-oaktree","status":"publish","type":"post","link":"https:\/\/csengineermag.com\/energy-systems-group-esg-partners-with-oaktree\/","title":{"rendered":"Energy Systems Group (ESG) Partners with Oaktree<\/strong>"},"content":{"rendered":"\n

NEWBURGH, Ind., July 11, 2023 (GLOBE NEWSWIRE) — Energy Systems Group, LLC, (\u201cESG\u201d or the \u201cCompany\u201d), a leading sustainable energy solutions provider focused on energy efficiency, sustainability, resiliency, and infrastructure improvement solutions, is pleased to announce that it has been acquired by funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (\u201cOaktree\u201d).<\/p>\n\n\n\n

In partnership with ESG\u2019s management team, Oaktree\u2019s investment will support the Company\u2019s strategic growth plans by leveraging ESG\u2019s national platform and expertise in developing and implementing sustainable energy services for its public and private sector customers.<\/p>\n\n\n\n

\u201cESG is excited to partner with the team at Oaktree who have a proven track record of successfully investing in and growing companies in our industry and who share our values and support our commitment to the customers and communities we serve,\u201d said ESG\u2019s President Steve Craig. \u201cThe partnership will allow ESG to continue to deliver value to our customers and create expanded opportunities for our employees.\u201d<\/p>\n\n\n\n

\u201cWe have long admired ESG as a recognized leader in providing energy efficiency and sustainability solutions and as a trusted partner to its customers,\u201d stated Jimmy Lee, Managing Director and Assistant Portfolio Manager in Oaktree\u2019s Power Opportunities Group. \u201cWe are thrilled to partner with ESG\u2019s talented leadership team and employees and will bring to bear our resources and relationships to support the Company\u2019s next chapter of growth as an independent, national platform.\u201d<\/p>\n\n\n\n

\u201cThe energy industry is transitioning rapidly, increasing demand for ESG\u2019s services,\u201d added Craig. \u201cWe are focused on being an industry leader in driving innovative solutions resulting in a more sustainable future. Through our partnership with Oaktree, we are committed to expanding ESG\u2019s capabilities and geographic reach.\u201d<\/p>\n\n\n\n

About Energy Systems Group<\/strong>
ESG is a leading sustainable energy solutions provider that specializes in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. ESG also offers a full range of sustainable infrastructure solutions including waste-to-energy, distributed generation, and renewable energy. To learn more about ESG, visit www.energysystemsgroup.com<\/a>.<\/p>\n\n\n\n

About Oaktree<\/strong>
Oaktree is a leader among global investment managers specializing in alternative investments, with $172 billion in assets under management as of March 31, 2023. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,100 employees and offices in 20 cities worldwide. For additional information, please visit Oaktree\u2019s website at\u00a0www.oaktreecapital.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

NEWBURGH, Ind., July 11, 2023 (GLOBE NEWSWIRE) — Energy Systems Group, LLC, (\u201cESG\u201d or the \u201cCompany\u201d), a leading sustainable energy solutions provider focused on energy efficiency, sustainability, resiliency, and infrastructure improvement solutions, is pleased to announce that it has been acquired by funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (\u201cOaktree\u201d). […]<\/p>\n","protected":false},"author":4972,"featured_media":2073784,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","footnotes":""},"categories":[1840,2425],"tags":[288,3796,50648,50647,8670,14813,268,31692,754,33802],"acf":[],"views":18,"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/csengineermag.com\/wp-content\/uploads\/2023\/07\/AdobeStock_548932353.jpeg","_links":{"self":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/posts\/2073781"}],"collection":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/users\/4972"}],"replies":[{"embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/comments?post=2073781"}],"version-history":[{"count":0,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/posts\/2073781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/media\/2073784"}],"wp:attachment":[{"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/media?parent=2073781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/categories?post=2073781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csengineermag.com\/wp-json\/wp\/v2\/tags?post=2073781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}