March 04, 2015 4:31 AM ET

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Company Overview of Ice Energy, Inc.

Company Overview

Ice Energy, Inc. manufactures and markets energy storage solutions, and cooling and refrigeration products for residential and commercial markets. The company offers Ice Bear 30 Hybrid Air Conditioner, an energy storage solution for air conditioning usages in small to medium sized commercial businesses. It offers solutions for architects, building energy consultants, builders and developers, utility customers in California, energy and facilities managers, mechanical contractors, and utilities. The company has a strategic partnership with Carrier Corp. Ice Energy, Inc. was founded in 2003 and is headquartered in Glendale, California.

823 Milford Street

Glendale, CA 91203

United States

Founded in 2003

Phone:

877-542-3232

Fax:

818-478-2287

Key Executives for Ice Energy, Inc.

Chief Executive Officer
Chief Financial Officer, Vice President of Finance and Corporate Controller
Chief Operating Officer
Senior Vice President of Finance
Age: 45
Compensation as of Fiscal Year 2014.

Ice Energy, Inc. Key Developments

Ice Energy Wins Contracts Totaling 25.6 Megawatts from Southern California Edison for Behind-the-Meter Thermal Energy Storage

Ice Energy announced it has been awarded sixteen contracts from Southern California Edison (SCE) to provide 25.6 megawatts of behind-the-meter thermal energy storage using Ice Energy's proprietary Ice Bear system. Ice Energy was one of three providers selected in the behind-the-meter energy storage category, which was part of an energy storage procurement by SCE that was significantly larger than the minimum mandated by the California Public Utility Commission (CPUC). The contract resulted from an open and competitive process under SCE's Local Capacity Requirements (LCR) RFO. The goals of the LCR RFO and California's Storage Act Mandates are to optimize grid reliability, support renewables integration to meet the 2020 portfolio standards, and support the goal of reducing greenhouse gas emissions to 20% of 1990 levels by 2050.

Ice Energy Names Mike Hopkins as President

Ice Energy announced Mike Hopkins as president of the company. Hopkins previously served as the company's executive vice president of corporate development and legal and played a key role in engaging with utilities across the country and internationally. Hopkins joined Ice Energy in 2009 after co-founding a geospatial information services company and serving as partner during an 18-year career with Bennett Jones LLP.

James "Jim" Kelly Joins Ice Energy Board of Directors

Ice Energy welcomes James "Jim" Kelly to its board of directors. Kelly, who led transmission and distribution for Southern California Edison (SCE) in a distinguished career of 38 years, brings not only deep experience but also a vision for the role of energy storage in the 21(st) century power grid.

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