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Posted: Aug 31, 2007
Burger King Hungry for Energy Expense Conservation
ATLANTA, GA - August 31, 2007 - Prenova, Inc., a premier energy efficiency and environmental conservation company, is pleased to announce that Burger King has contracted for Prenova’s Price Risk Management (Energy Supply) Solution. Prenova will provide this energy management solution to nearly 900 corporate owned restaurants under a three year contract.
The Price Risk Management solution includes the continuous review of market conditions to assess and determine both the potential near-term and future impact on financial outlooks these market changes create for Burger King’s energy supply portfolio in terms of potential savings or risks. Price discovery, and then the setting of a strike price by market, is a critical part of this solution. Prenova then develops strategies and plans for managing price and risk, recommends specific actions to Burger King, executes the agreed actions, and performs Quality Assurance to ensure that changes are accurately implemented.
About Burger King
Burger King is one of the top fast food chains their industry operating more than 11,000 restaurants in the United States and 65 other countries. The chain offers a menu with a variety of burgers, chicken sandwiches, salads, and breakfast items. For more information on Burger King, please visit www.burgerking.com.
About Prenova
Prenova helps companies control energy spend by reducing utility costs and improving energy efficiency. We work hand-in-hand with our customers to develop an energy strategy that fits their unique business needs. Then we help them implement this strategy consistently across the organization by providing services that span the entire energy lifecycle. From sourcing energy to controlling energy consumption, Prenova’s solutions can reduce energy spend by 10-20%. That’s why companies like Burger King, Costco, Dollar Tree, Dress Barn, and Home Depot turn to Prenova.
For more information, please visit www.prenova.com.
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