IESO Hires ICF to Support Industrial Energy Efficiency Projects

TORONTO and FAIRFAX, Va., April 3, 2018 /PRNewswire/ -- The Independent Electricity System Operator (IESO) has selected ICF (NASDAQ:ICFI), a global consulting and digital services provider, for a multimillion dollar contract to provide sales and customer support for its Industrial Accelerator Program (IAP). IAP is an incentive program tailored to fast-track capital investment in major energy conservation projects at transmission-connected industrial facilities across Ontario.

"ICF has a long history with the IESO as well as extensive experience working with and supporting programs aimed at large industry across multiple Canadian jurisdictions including Alberta, Saskatchewan, Ontario and Atlantic Canada," said Duncan Rotherham, vice president for ICF. "We understand how to assist companies within the industrial sector and to help them identify energy-saving opportunities and optimize operational processes. ICF is thrilled to partner with the IESO and Ontario's largest industries to cost-effectively achieve facility-level and provincial energy savings targets."

Under the agreement, which was awarded in the fourth quarter of 2017, ICF will deploy its team of accomplished industrial energy efficiency experts across Ontario to work directly with companies within the most energy-intensive industries including mining, steel, pulp and paper and manufacturing. The team will assess energy waste and develop customized projects designed to maximize energy savings, reduce greenhouse gas emissions, gain operational efficiencies and ultimately reduce the costs associated with energy use and cap and trade compliance.

ICF has delivered award-winning energy efficiency programs across North America for the past three decades. The firm's energy professionals bring extensive experience across multiple sectors, technologies, trades and functions to deliver individual programs or portfolios across residential, low-income, multifamily, commercial, industrial, agricultural, institutional and government sectors.

Read more about ICF's energy efficiency implementation services.

About ICF

ICF is a global consulting services company with over 5,000 specialized experts, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

Caution Concerning Forward-looking Statements

Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.

Contact: Lauren Dyke, lauren.dyke@ICF.com, +1.571.373.5577

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SOURCE ICF