CEG Iconergy Merger

A Strategic Merger to Expand Energy Services Capabilities Nationwide

CEG Solutions, LLC, a national provider of full-service energy infrastructure solutions, and Iconergy Ltd., a Colorado-based energy and sustainability consulting firm, announced a strategic merger on October 14th, 2025. The combined organization brings together complementary technical expertise and market strengths to deliver a broader suite of energy services across federal, state, and private sectors.

Enhanced Client Value Proposition

This strategic merger creates significant benefits for clients of both organizations:

Expanded Service Portfolio

Clients will now have access to a comprehensive suite of energy services, from initial consulting through full-scale performance contracting, commissioning, and ongoing energy management.

Geographic Reach

The merger extends service capabilities across broader geographic markets, combining CEG's nationwide presence with Iconergy's strong Mountain West regional footprint.

Technical Excellence

The combined organization brings together deep technical expertise (e.g., CEG’s Deep Energy Retrofits) and proven methodologies (e.g., Iconergy’s experience implementing monitoring based commissioning), enabling delivery of more sophisticated and integrated energy solutions.

Enhanced Resources

Clients will benefit from expanded team capabilities, faster response times, and the ability to handle larger, more complex projects with greater efficiency.

Innovation Integration

The merger facilitates the integration of innovative strategies and industry-leading practices across diverse market segments, ensuring clients receive cutting-edge solutions.

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Expanded Market Presence

This merger positions the combined organization as a leading provider of energy services solutions across both public and private sector end markets. The complementary nature of the two companies' service offerings creates opportunities to deliver more comprehensive, efficient solutions while maintaining the high service standards for which both organizations are known.

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“This merger marks an exciting milestone for both organizations. By combining our strengths, we’re expanding our technical depth, accelerating our growth, and creating more value for our clients. We share a common culture of engineering rigor, innovation, and delivering measurable results.”

- Bryon Krug, President of CEG Solutions

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“We are thrilled to join forces with CEG. Together, we’ll be able to serve our clients at an even higher level, taking on larger and more complex projects without losing the personalized approach and technical excellence that define our work.”

– Doug Hargrave, President of Iconergy Ltd.