CEG Solutions and Iconergy Announce Strategic Merger to Expand Energy Services Capabilities Nationwide
FOR IMMEDIATE RELEASE
October 14, 2025
Arlington, VA and Denver, CO — CEG Solutions, LLC, a national provider of full-service energy infrastructure solutions, and Iconergy Ltd., a Colorado-based energy and sustainability consulting firm, today announced a strategic merger. The combined organization brings together complementary technical expertise and market strengths to deliver a broader suite of energy services across federal, state, and private sectors.
Both companies will continue to operate under their respective names and branding at this time, while moving forward as one organization. This merger reflects a shared commitment to innovation, performance excellence, and client-focused solutions. With expanded capabilities and geographic reach, the combined organization is positioned to deliver more sophisticated energy and water infrastructure projects with greater scale and responsiveness.
CEG brings a history of delivering Deep Energy Retrofits and high-complexity performance contracting for federal and state clients, while Iconergy brings deep expertise in energy consulting, commissioning, and non-federal markets, especially throughout the Mountain West. Clients of both organizations will benefit from the integrated offerings ranging from early-stage facility assessments to turnkey implementation, commissioning, and long-term energy and water management.
“This merger marks an exciting milestone for both organizations,” said Bryon Krug, President of CEG Solutions. “By combining our strengths, we’re expanding our technical depth, accelerating our growth, and creating more value for our clients. We share a common culture of engineering rigor, innovation, and delivering measurable impact.”
“We are thrilled to join forces with CEG,” said Doug Hargrave, President of Iconergy. “Together, we’ll be able to serve our clients at an even higher level, taking on larger and more complex projects without losing the personalized approach and technical excellence that define our work.”
The combined team will support clients across a wide range of sectors, including healthcare systems, higher education, federal agencies, municipalities, school districts, and commercial facilities. The merger also enhances both organizations’ ability to pursue high-impact initiatives such as decarbonization, renewable integration, and deep energy retrofits.
About CEG Solutions
CEG Solutions is a full-stack design-build energy services partner delivering modernized infrastructure and measurable performance outcomes. Working with federal and private clients across the country, CEG provides turnkey project development, design, construction, and measurement and verification services. CEG’s work has been recognized with awards from the U.S. Department of Energy, Secretary of the Army, and Association of Energy Engineers.
To learn more about CEG Solutions, visit www.cegsolutions.com.
About Iconergy Ltd.
Iconergy is an engineering and sustainability firm headquartered in Denver, Colorado. The company offers energy performance contracting, design-build retrofits, commissioning, energy analysis, and renewable energy integration services. Iconergy serves clients in education, healthcare, government, and commercial sectors with a focus on cost-effective, energy-efficient, and high-performing building solutions.
To learn more about Iconergy, visit www.iconergy.com.