E Source Independent Again

E Source, a subscription-based information provider focusing on energy efficiency and utility demand-side management, has been purchased from the McGraw-Hill Companies by a group of E Source managers, including Michael Shepard, one of the original founders. E Source Companies, LLC, with about 45 employees, remains located in Boulder, Colorado. E Source was founded as Competitek in 1986 as a for-profit spin-off from the Rocky Mountain Institute. The company was subsequently sold to

The Financial Times of London for $18 million, then acquired by McGraw-Hill to be folded into Platts, its energy information division. Terms of the March 2006 management buyback were not disclosed. Shepard, who is president of the new company, is upbeat about the change. “We’re excited about a renewed focus on our roots in energy efficiency, renewables, and sustainable design,” he told

EBN. For details, visit www.esource.com.