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2012 Looks Bright for Energy Efficiency Company Blue Earth

The Times Square News Year’s ball is now energy-efficient, PC Mag reported Wednesday. When the famous sphere drops on New Year’s Eve, it will be lit with over 32,000 LED bulbs manufactured by Philips (NYSE: PHG). The new bulbs consume 80% less energy compared to traditional incandescent light bulbs, which the federal government will phase out starting January 1.

The upgrade of the classic New Year’s icon reflects the growing mainstream adoption of energy-efficient lighting technology. In addition to LED lights, homes and businesses are installing “smart” lighting controls such as dimming systems and building automation products to save on energy costs. The lighting controls market in North America & Europe is projected to reach $3.8 billion by 2015, according to Global Industry Analysts.

Blue Earth (OTC BB: BBLU) is well on its way to becoming an important player in this space. The Company performs energy efficiency upgrades on lighting controls as well as refrigeration, heating, ventilation and air conditioning systems. M&A is a key element in the Company’s growth strategy: BBLU acquires companies with established customer bases in one technology area, and then cross-sells its other technologies to those customers. The two acquisitions BBLU completed in 2011 (one of which has a $500 million project pipeline) provide the Company with a strong foundation on which to grow its business.

BBLU is quickly ramping up its deal activity heading into the new year. US Energy Affiliates recently signed an agreement with the Company to finance energy efficiency upgrades to gas stations and hotels in California, the latter marking BBLU’s entry into the lucrative hospitality sector. BBLU is also partnered with Gexpro and eCORE Technology on the eecoStation program, which is expected to help more than 2,000 gas stations and convenience stores in North America implement energy-saving technology. With energy efficiency technology hitting the mainstream, BBLU has the potential to generate strong revenue growth in 2012 as these programs gain traction.

You can gain more insight into BBLU’s growth potential by watching a video interview with the Company’s CEO, Dr. Johnny R. Thomas, from our recent Small-Cap New York Conference. BBLU also presented during our latest virtual conference; click the link to watch the presentation.

Disclosure: The subject security is a client of RedChip Companies, Inc. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein. For full financial disclosures for all RedChip clients, please visit http://www.redchip.com/disclosures.asp?src=rcv.