Energy service companies (ESCOs) work in the US already has a solid foundation in the public sector, backed by policy and economic drivers. However, in order to achieve more aggressive growth, the industry is expected to seek new opportunities in the private sector with business models that help address the hurdle of high upfront capital investments. According to a recent report from Navigant Research, the global ESCO market is expected to reach US$14.7 billion in annual revenues by 2024.
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