Smart Buildings

Albireo Energy Reports 13% Service Revenue Growth & PASCO Deal

This Research Note examines Albireo Energy, the largest independent building control systems integration and energy services company in the U.S. We explore their 2025 financial highlights, their strategy, and their latest acquisition, PASCO Building Automation Systems.  This article updates our July 2025 Research Note on the company. Albireo Energy Profile Founded in 2014, Albireo Energy, LLC provides building control systems integration and energy services to commercial and institutional buildings in the United States. The company claims to be the largest independent provider of building controls and energy services in the U.S. with 915 employees.  It is backed by private equity group, Huron Capital. The company reported $378 million in 2025 revenues, increasing 7.1% versus the prior year.  Service revenue grew 13% in 2025 with 1,046 service customers. Growth Strategy and New CEO On 22nd June 2026, the company announced that Kevin Baxter had been appointed as CEO, succeeding Larry G.Wash. Since 2023, Baxter has been serving […]

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