San Diego Business Journal

OpTerra Energy Services, an Oakland-based energy services company, has opened a new office in Solana Beach.

The branch will be located at 201 Lomas Santa Fe Drive. OpTerra will grow the office to fit demand as it gets more projects in the region, according to a company spokesperson.

OpTerra was recently acquired by global energy player Engie, headquartered in Paris, France. Engie, which operates in the U.S. through its subsidiary Gdf Suez, is an operator in electricity, natural gas, and energy services.

OpTerra works with the private and public sector to reduce energy consumption and energy cost. The company works with customers in K-12, higher education, and local government institutions, as well as commercial and industrial entities in industries such as biotechnology, health care, hospitality, data centers, and supermarkets, according to an OpTerra news release.

OpTerra has already had an impact on the San Diego area, having completed a two megawatt solar project at San Dieguito Union High School District with an anticipated energy savings of $10 million for the district. OpTerra also reduced annual energy consumption for the City of Solana Beach by upgrading more than 500 streetlights to efficient LED lighting, installing a “cool roof” (a reflectant roof) and a new HVAC system at City Hall – saving more than $40,000 in its first year, according to OpTerra.

“San Diego is a world-recognized leader in innovation, clean technologies, and sustainable business practices, which means OpTerra is extremely well poised to do business here,” said Jason Anderson, president and CEO of Cleantech San Diego. “We are excited by OpTerra’s commitment to advancing their business within the San Diego region, and believe the company will become a critical player in helping to advance San Diego’s cleantech economy.”

Founded in 1822, Engie is present in 70 countries, employs over 150,000 people, and achieved revenues of $99.2 billion in 2014.