MOBILE, AL — March 10, 2023 — Mobile Bay Energy Solutions, a leading energy technology company, announced today that it has raised $15 million in new funding. The investment will be used to accelerate the development and deployment of the company's innovative energy management solutions. The funding round was led by a consortium of investors, including energy industry veterans and venture capital firms. Mobile Bay Energy Solutions will use the funds to expand its product offerings and enhance its sales and marketing efforts. "We are thrilled to have the support of our investors as we continue to grow and innovate in the energy sector," said John Smith, CEO of Mobile Bay Energy Solutions. "This funding will enable us to bring our cutting-edge energy management solutions to a wider market and help our customers reduce their energy costs and environmental impact." The company's energy management solutions are designed to help commercial and industrial customers optimize their energy usage and reduce waste. With the new funding, Mobile Bay Energy Solutions is well-positioned to capitalize on the growing demand for energy-efficient technologies. About Mobile Bay Energy Solutions: Mobile Bay Energy Solutions is a Mobile, AL-based energy technology company that develops and deploys innovative energy management solutions for commercial and industrial customers.