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Description of Business
12 Months Ended
Dec. 31, 2012
Description of Business  
Description of Business

Note 1 — Description of Business

 

Lime Energy Co. (the “Company”), a Delaware corporation headquartered in Huntersville, North Carolina, is a provider of energy efficiency and renewable energy solutions.  The Company’s operations are comprised of two distinct segments: the Energy Efficiency Services segment; and the Renewable Energy segment.

 

As of December 31, 2012, the Company was in the process of seeking a buyer for its Public Sector business that served the public, institutional and commercial and industrial markets.  This business was subsequently sold on February 28, 2013.  In addition, the Company had shut down its asset development business as of the end of 2012.  The operating results and associated assets and liabilities of these two businesses have been reported as discontinued operations in the accompanying financial statements.