Did you hear the one about the American tourist who walked into an Irish bar?
It sounds like a clichéd joke, but I can assure you, the punchline is nothing to be laughed at. A holiday by Cori Calvert in 2016 resulted in the formation of GES Energy. There were of course a few steps in between ….
Cori had an interest in increasing energy efficiency for SME, as a Managing Director with an environmental agency in the United States Federal Government she was striving to be true to her roots in focusing on the environment, whilst also searching for ways to reduce overheads for SMEs so they could direct spare finances on expanding business and creating employment.
It took many months of meetings, skype calls, emails and phonecalls before she realised the enormity of the potential of the idea she had stumbled upon. It dawned on Cori that she was about to bring the ESCO (energy service company) business model to Ireland. And it was then that the hard work started!
You see, although SMEs always saw the merits of energy saving measures, they could never justify the extensive capital expenditure needed. With that in mind, the team set about structuring a business model which would include finance, meaning ZERO capital outlay from their clients. Next it was to Cori and her wealth of technical knowledge. Quickly realising that this model would only work if all different energy areas of the SME could be targeted, the team got to work on identifying technical equipment which would guarantee savings of up to 60%.
From here, throw months of work on market research, finding suitable office space close to the University of Limerick, recruitment, legals, finances, and many many kettles of water, and the result is a complete one stop shop ESCO, ready to revolutionise the Irish market, saving Irish businesses millions on their energy bills, whilst significantly lowering future energy price risk exposure without costing the businesses a cent in capital outlay.
Cori Calvert, Co-Founder & CEO
GES was founded in 2017 by Cori Calvert. In her previous role as Managing Director of the United States Federal Government Natural Resources Conservation Agency she has spent twenty years gaining experience in the environmental market leading State of California as well as the Caribbean. She possesses practical knowledge of the most up to date technological advancements in the environmental and energy conservation fields.