DCO Energy
DCO Energy is a vertically integrated energy infrastructure developer that designs, builds, owns, and operates combined heat and power systems, microgrids, district energy facilities, and renewable energy projects for healthcare, education, government, manufacturing, and hospitality clients across North America.
- Company typePrivate
- Founded2000
- HeadquartersMays Landing, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What DCO Energy does
DCO Energy is a privately held, vertically integrated distributed energy infrastructure developer founded in 2000 and headquartered in Mays Landing, New Jersey, owned through the Jingoli family's Joseph Jingoli & Son, Inc. The company develops, engineers, builds, owns, and operates combined heat and power (CHP/CHCP) plants, microgrids, district energy systems, and renewable energy facilities (solar, biomass, landfill gas) for enterprise, institutional, and government customers. Assets range from 2 MW to 50 MW in capacity, spanning gas turbines, reciprocating engines, steam turbines, and fuel cells, with proprietary CHCP technology that recovers waste heat for combined thermal and electrical output at 80%+ efficiency versus ~40% for conventional central power generation.
The company serves healthcare systems (AtlantiCare, Rutgers Cancer Institute, RWJ Barnabas Health), higher education (Montclair State University), gaming and hospitality (Bally's, Caesars, Wild Wild West, Ocean Resort), manufacturing (Kraft Heinz, Procter & Gamble), and government and military clients (Jersey City Public Schools, Casino Reinvestment Development Authority, Marine Corps Logistics Base Albany). It holds NAESCO Energy Services Company accreditation, ranks #145 in the ENR Top 400 Contractors and #15 in ENR Power sector in 2024, and is consistently ranked among the top family-owned businesses and contractors in New Jersey.
DCO operates across four revenue streams: (1) Engineering, Procurement and Construction under guaranteed maximum price contracts, with a project track record exceeding $1 billion in cumulative executed value; (2) asset ownership and operations providing multi-decade operations, maintenance, fuel procurement, and environmental compliance under recurring managed-service agreements; (3) project development and equity co-investment alongside infrastructure funds including Basalt and Vauban Infrastructure Partners; and (4) outcome-based Energy Savings Improvement Program (ESIP) performance contracts for public-sector clients, executed under multi-year terms (notably the $122 million Jersey City Public Schools ESIP and the $77 million Atlantic City CRDA program). The company has co-developed district energy assets with capital partners, divested asset stakes to institutional investors while retaining long-term operating contracts, and most recently entered into a 35 MW industrial-scale river-water heat pump partnership with Vicinity Energy and Everllence in Cambridge, Massachusetts.
DCO Energy firmographics
Firmographics- Name
- DCO Energy
- Legal name
- Joseph Jingoli & Son, Inc.
- Website
- https://dcoenergy.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- DCO Energy is a vertically integrated energy infrastructure developer that designs, builds, owns, and operates combined heat and power systems, microgrids, district energy facilities, and renewable energy projects for healthcare, education, government, manufacturing, and hospitality clients across North America.
- Ownership category
- akta.pro rank
DCO Energy industry classification
Industry- Product category
- Distributed Energy Infrastructure and Energy Services
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Cogeneration Services & Small Power Producers (4991), Electric Services (4911)
- akta.pro primary industry
- Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)
- akta.pro secondary industries
- Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Hybrid Renewable + Storage Plant Integration (Solar+Storage, Wind+Storage) (EUAEAEAE), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Environmental & Permitting Execution Services (Erosion Control, Habitat Mitigation, Compliance) (EUAEADAL)
Keywords
Where DCO Energy is headquartered
LocationHeadquarters
- HQ city
- Mays Landing
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
DCO Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Engineering, Procurement and Construction (EPC): DCO provides EPC services for energy projects, executing under guaranteed maximum price models with shared savings arrangements. The company has a track record of performance on over $1 billion of projects.
- Asset Ownership and Operations: DCO invests equity in projects and operates/maintains energy infrastructure, providing long-term asset management services including fuel procurement, budgeting, performance optimization, and environmental compliance.
- Project Development: DCO develops sustainable and renewable energy facilities, seeking opportunities to acquire existing assets and partnering with affiliates and equity funds for project financing and co-development.
- Energy Savings Performance Contracts: DCO executes ESIP projects for public institutions, delivering guaranteed energy savings through facility improvements with financing structured over multi-year terms (e.g., $122M Jersey City Schools project, $77M Atlantic City CRDA project).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Energy Savings Improvement Program (ESIP) - Public sector energy efficiency projects |
| Subscription | Multi-year contract | District Energy Systems - Long-term thermal energy supply |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
DCO Energy product offering
Product offeringCore offering
DCO Energy is a developer, EPC contractor, and long-term operator of sustainable and renewable energy infrastructure. The company finances, designs, builds, owns, operates, and maintains combined heat and power (CHP/CHCP) plants, microgrids, district energy systems, renewable energy facilities (solar, biomass, landfill gas), and energy efficiency upgrades for large institutional and industrial customers. Service delivery spans DBOOM (Design, Build, Own, Operate, Maintain) arrangements, EPC contracts under guaranteed maximum price, and ESIP-based performance contracts with public sector clients.
Product overview
DCO Energy operates as a vertically integrated energy infrastructure company offering a comprehensive suite of services across the project lifecycle. The core offerings include Asset Management and Operations, Project Development and Facility Ownership, Engineering Procurement and Construction (EPC), Renewables and Energy Efficiency, and Microgrids and Combined Heat, Chilling and Power (CHCP). These services are delivered through various delivery models including DBOOM (Design, Build, Own, Operate, Maintain), EPC contracting, and Operate & Maintain agreements. The company specializes in district energy systems, campus microgrids, renewable energy facilities, and energy efficiency programs for diverse clients including universities, hospitals, casinos, industrial facilities, and government institutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset Management and Operations
Quantifiable outcome
- $4 million annual savings for Montclair State University from microgrid
- +7 more outcomes
Companies that use DCO Energy
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles5 records
DCO Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
DCO Energy partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Vicinity EnergycoreDCO is partnering with Vicinity Energy to install and provide balance of plant modifications for a 35MW river-based industrial-scale heat pump complex at Vicinity's Kendall Square facility in Cambridge, MA. The project will harness the Charles River for carbon-free steam generation, with completion expected by 2028. DCO CEO Gary Fromer emphasized the collaboration builds on recent successful joint projects in Philadelphia.
- Everllence (formerly MAN Energy Solutions)coreEverllence is providing the mega heat pump technology for Vicinity Energy's river-source heat pump complex. Everllence's heat pump technology will harvest thermal energy from the Charles River to generate carbon-free steam for district energy systems in Boston and Cambridge.
- Casino Reinvestment Development Authority (CRDA)coreCRDA partnered with DCO Energy on a $77 million Energy Savings Infrastructure Program for the Atlantic City Convention Center and Jim Whelan Boardwalk Hall. The project includes 7.5 MW solar arrays, new chilled water/hot water plant, and LED lighting upgrades.
- Jersey City Public SchoolscoreDCO Energy finalized a $122 million Energy Savings Improvement Program contract with Jersey City Public Schools, the largest ESIP approved by NJBPU. The project includes solar installations, HVAC upgrades, LED lighting, and water conservation across 44 schools representing 5.5 million square feet.
- Cartier EnergyminorCartier Energy acquired DCO's Montclair State University CHCP project in 2022. DCO continues to operate and maintain the system under the new ownership.
- Clearway Energy GroupminorClearway Energy Group sold the Energy Center Dover cogeneration facility to DB Energy Assets (DCO/Basalt partnership). The 111 MW facility sells power to PJM and provides steam to Kraft Heinz and P&G facilities.
- IQHQminorIQHQ is an eSteam customer of Vicinity Energy receiving carbon-free thermal energy through the district energy system in Boston/Cambridge.
- Emerson CollegeminorEmerson College is an eSteam customer of Vicinity Energy, receiving carbon-free thermal energy as part of their sustainability strategy and local regulatory compliance (BERDO, BEUDO).
Scale indicators16 records
Recent moves6 records
Expansion highlights5 records
DCO Energy competitors and assessment
Company assessmentDirect peers
- Ameresco: Ameresco is a publicly traded NAESCO-accredited Energy Services Company that develops, designs, builds, owns, and operates renewable energy and energy efficiency projects for institutional, government, and industrial clients — the closest publicly traded analog to DCO's ESIP/ESCO and DBOOM business.
- NORESCO: NORESCO, a Carrier (United Technologies) subsidiary, is one of the largest US ESCOs designing and implementing energy-efficiency, district energy, and on-site power projects for higher-ed, healthcare, and government clients — directly comparable to DCO's institutional ESIP portfolio.
Broad incumbents
- Constellation Energy: Constellation (formerly Exelon Generation) — DCO CEO Gary Fromer's prior employer — is the largest US competitive power supplier with a substantial distributed energy / on-site generation business, comparable to DCO's CHP/CHCP and PJM-grid-connected cogeneration projects.
- ENGIE North America: ENGIE's North American arm develops, owns, and operates distributed energy, district energy, and on-site cogeneration assets for institutional and industrial customers — comparable scope to DCO, with broader portfolio scale and balance-sheet capacity.
- WGL Energy (formerly Washington Gas Light Energy Services): WGL Energy is a retail energy provider that has expanded into on-site energy infrastructure including combined heat and power and district energy projects — comparable to DCO's Northeast US district energy and on-site cogeneration positioning.
- Siemens Energy: Siemens Energy provides gas turbines, steam turbines, and EPC services for industrial-scale cogeneration and power plants — directly comparable to DCO's 2–50 MW project range using the same OEM equipment and competing for similar industrial/utility RFPs.
- Veolia North America: Veolia operates one of the largest district heating and cooling networks in the US (including systems in Philadelphia, Boston, and other Northeast cities), overlapping directly with DCO's district energy and cogeneration operations while being a much larger multinational utility-services incumbent.
- Honeywell Energy and Sustainability Solutions: Honeywell's energy and sustainability group executes energy savings performance contracts, retrofits, and on-site generation upgrades for commercial, healthcare, and higher-ed customers — overlapping with DCO's ESCO/ESIP capability as a broader incumbent energy services provider.
Emerging players
- Bloom Energy: Bloom Energy deploys solid-oxide fuel cell systems for on-site combined heat and power — directly competitive with DCO's CHCP offerings on campuses (e.g., customers like universities and hospitals) where both solutions provide clean, resilient behind-the-meter generation.
- ICF International (Energy Services): ICF's energy services division supports public-sector ESIP program design, energy management, and program implementation for K-12 and higher-ed clients — overlapping with DCO's ESIP program execution, though focused more on advisory/program management than EPC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
DCO Energy social profiles
Digital presenceDCO Energy compliance and trust
Trust signalCompliance3 records
DCO Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
DCO Energy leadership team
Management profileNumber of profiles
Profiles6 records
DCO Energy subsidiaries and ownership
Company hierarchySubsidiaries3 records
DCO Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DCO Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DCO Energy
What does DCO Energy do?
DCO Energy is a developer, EPC contractor, and long-term operator of sustainable and renewable energy infrastructure. The company finances, designs, builds, owns, operates, and maintains combined heat and power (CHP/CHCP) plants, microgrids, district energy systems, renewable energy facilities (solar, biomass, landfill gas), and energy efficiency upgrades for large institutional and industrial customers. Service delivery spans DBOOM (Design, Build, Own, Operate, Maintain) arrangements, EPC contracts under guaranteed maximum price, and ESIP-based performance contracts with public sector clients.
Is DCO Energy a public or private company?
DCO Energy is a private company. It is classified as family owned and is currently operating.
When was DCO Energy founded?
DCO Energy was founded in 2000. It employs 101 to 250 people.
Where is DCO Energy based?
DCO Energy is headquartered in Mays Landing, United States, in the North America region.
How does DCO Energy make money?
Four revenue lines are on record. Engineering, Procurement and Construction (EPC) is the primary driver. The others are asset Ownership and Operations, project Development and energy Savings Performance Contracts.
Who are DCO Energy's main competitors?
Direct peers on record are Ameresco and NORESCO. Broad incumbents are Constellation Energy, ENGIE North America, WGL Energy (formerly Washington Gas Light Energy Services), Siemens Energy, Veolia North America and Honeywell Energy and Sustainability Solutions. Emerging players are Bloom Energy and ICF International (Energy Services).
Does DCO Energy have an API?
No public API is recorded for DCO Energy.
What industry is DCO Energy in?
DCO Energy's product category is Distributed Energy Infrastructure and Energy Services. Its primary akta.pro industry code is EUAMAFAJ, Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE), with a secondary code of EUAEAAAG, Solar PV Power Plant EPC (Utility-Scale). Its NAICS code is 22111 and its SIC code is 4991.