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January 2015

World Energy Solutions, Inc.

World Energy Solutions, Inc.
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World Energy Solutions, Inc.

Financial Advisor to World Energy Solutions, Inc. on its sale to EnerNOC
Sustainability Industrials/Aerospace & Defense M&A Advisory

Canaccord Genuity acts as exclusive financial advisor to World Energy Solutions, Inc. on its sale to EnerNOC, Inc.

Canaccord Genuity is pleased to announce that on January 5, 2015, World Energy Solutions, Inc. (NASDAQ: XWES), an energy management services firm that helps enterprises simplify their energy procurement process through a suite of software-enabled solutions, completed its sale to EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of demand response and energy intelligence software. 

EnerNOC acquired World Energy for a purchase price of US$5.50 per share, and the assumption of debt, representing a total transaction value of approximately US$80 million in cash.  For the last twelve months ended September 30, 2014, World Energy generated total revenue of US$38.2 million and total EBITDA of US$4.3 million.

Canaccord Genuity served as exclusive financial advisor to World Energy and its Board of Directors in connection with the transaction.