Insignia/ESG, Inc. formed an alliance with Enron Energy Services(EES) to provide energy services for a 215 million-square-footportfolio of commercial and residential properties leased andmanaged by Insignia/ESG throughout the United States. Enron willanalyze energy consumption and cut costs through efficiencyenhancements. “This program will allow us to take advantage ofmarket opportunities that have arisen from deregulation of theenergy industry,” said Stephen B. Siegel, CEO of Insignia/ESG.

Insignia/ESG’s clients will be able to immediately cut energycosts and receive a thorough analysis of how they manage and useenergy. Projects, which focus on both supply side and demand sideefficiencies, can include equipment retrofits, replacement ofheating and air-conditioning components, new generation equipmentor transformers. “This alliance is a testimony to the benefitscustomers can realize with energy-related savings, even withoutderegulation,” said Lou L. Pai, CEO of EES.

Insignia/ESG, a subsidiary of Insignia Financial Group, is oneof the largest commercial and residential real estate servicesproviders in the United States, with brokerage, management,consulting and investment sales operations in New York, Chicago,Los Angeles, Dallas, Atlanta, Phoenix and Washington D.C.

EES just formed a similar alliance with Los Angeles-based CBRichard Ellis, a real estate services firm with offices in 28countries.

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