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Entergy Mississippi Awards ICF $20 Million Energy Efficiency Contract Extension

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On February 9, 2022, Entergy Mississippi awarded a $20 million contract extension to ICF (NASDAQ:ICFI) for expanding its energy efficiency services. This extension allows ICF to enhance both residential and commercial energy efficiency programs, providing marketing, customer support, and data analytics. ICF has collaborated with Entergy Mississippi for over eight years, focusing on innovative solutions to decrease energy costs for customers. ICF's extensive experience in energy management positions it well to support this initiative.

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  • Awarded a $20 million contract extension from Entergy Mississippi.
  • Strengthens partnership with Entergy Mississippi, enhancing energy efficiency programs.
  • Implements new programs for residential and commercial customers.
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FAIRFAX, Va., Feb. 9, 2022 /PRNewswire/ -- Entergy Mississippi, LLC (EML) has recently awarded global consulting and digital services provider ICF (NASDAQ:ICFI) a $20 million contract extension to expand implementation of its residential and commercial energy efficiency portfolios.

ICF will deliver turnkey services for the utility's programs, including marketing, customer support, data analytics, program management, customer engagement and more. ICF will also deliver new energy efficiency programs for residential customers as well as retro-commissioning for commercial and small business customers.

"For over eight years, ICF has served as a strategic partner to EML, bringing new innovations to help the utility optimize and expand on its programs," said Anne Choate, ICF senior vice president and energy, environment and infrastructure lead. "We are excited to continue our partnership with EML to help Mississippi's commercial and residential customers save even more on their monthly energy bills and improve the efficiency of their businesses and homes."

With over three decades of experience developing award-winning demand-side management and energy efficiency programs that touch every phase of the program lifecycle, ICF applies advanced analytics and deep domain expertise to help utilities plan, design and implement best-in-class programs and portfolios.

Read more about ICF's energy efficiency services and how it helps clients meet their electrification and decarbonization goals.

About ICF
ICF is a global consulting services company with approximately 8,000 full- and part-time employees, 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; our ability to acquire and successfully integrate businesses; and the effects of the novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on the health of our staff and that of our clients, the continuity of our and our clients' operations, our results of operations and our outlook. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements that 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

FAQ

What is the $20 million contract extension awarded to ICF about?

The contract extension, awarded by Entergy Mississippi, allows ICF to expand its energy efficiency services for residential and commercial customers.

When was the contract extension for ICF announced?

The contract extension was announced on February 9, 2022.

What services will ICF provide under the contract extension?

ICF will deliver turnkey services including marketing, customer support, data analytics, and program management.

How long has ICF partnered with Entergy Mississippi?

ICF has been a strategic partner to Entergy Mississippi for over eight years.

What is ICF's stock symbol?

ICF trades under the stock symbol ICFI.

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