Duquesne Light Holdings Acquires TEN, a Pittsburgh-Based Energy Efficiency Solutions Provider

Acquisition allows DLH to Expand Further into Energy Efficiency and Sustainability

PITTSBURGH – Duquesne Light Holdings, Inc. (DLH), the parent company of Duquesne Light Company (DLC) and DQE Communications LLC, today announced the acquisition of the majority equity interest of TEN Inc., a provider of customized energy solutions for large businesses, governments, universities and hospital systems that enable those organizations to meet their energy efficiency and sustainability goals.

“We recognize the energy demands of business and institutional customers are becoming more complex,” said Steve Malnight, President and CEO, DLH and DLC. “The investment in TEN will help us meet these customers’ evolving energy needs as well as advance our efforts to create and support a more sustainable energy future for the region and beyond.”

Headquartered in Pittsburgh, TEN has 35 employees who serve a diverse group of customers, with a significant concentration in western and central Pennsylvania. TEN’s client list includes Carnegie Museums of Pittsburgh, the University of Pittsburgh, the cities of Cleveland, OH and Portland, ME, in addition to multiple projects for the Commonwealth of Pennsylvania’s Energy Savings Program. TEN’s CEO, Troy Geanopulos, and President and COO, Rob Campbell, will continue to lead the company and report directly to Malnight.

The acquisition provides DLH a platform for growth and expansion, with a focus on energy efficiency services, distributed generation projects, and smart street lighting and smart city solutions in Pennsylvania and elsewhere.

“We are thrilled to join the DLH portfolio of companies and become part of a team that will enable us to accelerate our growth, expand our market opportunities and meet our customers’ expectations,” said Geanopulos. “Our leadership team and employees are equally excited about this new venture and how it will allow us to expand our reach and help more companies and large organizations make the most of their energy dollars.”

About TEN

TEN is a provider of customized energy solutions for large businesses, governments, universities and hospital systems. TEN delivers a robust suite of fiscally sound, environmentally responsible energy efficiency, distributed generation and smart city products and services that exceed its customers’ sustainability, financial and operational goals. Established in 2012, TEN is a subsidiary of Duquesne Light Holdings, Inc. Learn more at www.tensaves.com.

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About Duquesne Light Company

For more than 100 years, Duquesne Light Company has provided safe and reliable electric service to communities in southwestern Pennsylvania. Today, our core values of safety, integrity, dependability, equity and community enable us to serve more than 600,000 customers in two counties, including the city of Pittsburgh. We are committed to safely powering our customers’ lives while playing a leading role in our region’s clean energy transition. Our vision is to create a larger-than-light, clean energy future for all by delivering exceptional results today and boldly harnessing opportunities for tomorrow. In doing so, we can ensure a cleaner, healthier and more equitable community for generations to come.


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