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ICF awarded $70M to support SoCalREN's energy efficiency programs in Southern California.

Market News
28 Sep 2026
PRNewsWire
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Bullish
ICF awarded $70M to support SoCalREN's energy efficiency programs in Southern California.

ICF has secured two new multiyear contracts worth about $70 million to implement energy efficiency programs for the Southern California Regional Energy Network (SoCalREN). These programs aim to reduce energy costs, enhance grid reliability, and support public agencies in deploying energy-saving and distributed energy projects. ICF will leverage its technology and expertise to target high-demand areas and improve community energy outcomes across Southern California. This expansion builds on ICF's decade-long partnership with SoCalREN to increase energy savings and program participation.

The new energy efficiency contracts awarded to ICF provide context for the energy sector's performance on Pluang. For readers following the energy sector, here is Pluang's market snapshot as of Sep 29, 2026 02:11 WIB: Of 38 priced US energy stocks, 16 rose and 22 fell. Occidental Petroleum Corporation (OXY) traded at USD 56.16 with a 1-day change of -1.24% and a typical hold time of 91 days, while Ecopetrol SA (EC) was priced at USD 16.79, up 1.24% with an 84-day hold time. Cenovus Energy Inc (CVE) stood at USD 31.29, rising 1.16% with a shorter typical hold time of 46 days.

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