Page 32 - Q4_2021_Corp Newsletter
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BUSINESS DEVELOPMENT
                                                                                                                                   Q&A:

      Our RREG team is also making sure to stay in front
      of the competition by providing new and innovative
      market solutions that cater to changing expectations                                                                         WORD ON THE STREET
      and needs from our clients. The most recent example
      is we are the first Solar EPC to provide co-located
      PV+BESS solutions to the utility-scale market.
      Clients ask for a single engagement to address the
      PV Plant plus the BESS integration with an overall
      performance wrap.
      Lastly, we’re taking a measured and calculated
      approach to expand our geographical footprint into
      new sustainable RE growth markets by partnering with
      many of Rosendin’s sister divisions that already have
      a presence or reach into new target markets.

      MISSION CRITICAL

      Like Rosendin’s Renewable Energy Group, the
      Mission Critical vertical is well-positioned to continue
      growing in an industry that has never been stronger
      with tremendous potential. Rosendin’s alignment in this
      market has produced a marquee client list with
      above-average hit rates of 50% or greater.

      Key indicators from both investment and real
      estate groups and analyst reports from key industry
      associations, suggest continued growth in this arena for          THE CENTURY PLAZA HOTEL AND TOWERS
      at least the next five years. With megawatt absorption               $2.5B renovation of one of America's most
      rising over the last five years, construction starts grew          iconic Hollywood buildings in Los Angeles, CA.
      from 150MW nationally in 2016 to 643MW in 2020.
                                                                                                                                   By Susan Bloom
      Our return on investment  in pursuing this work has                                                                          Excerpt from tedMag (Dec. 2021)
      paid dividends. The long-range forecast continues to     This sector is being closely monitored, and our
      be strong with existing programs increasing in scale     team is staying engaged in the industry forecast
      and volume and consistent new client partnerships.       and abreast of the possible changing direction of                         ontractors rely on modern tools and technologies   support. Everything we do starts and ends with the
      Over the last three years, we have seen an average of    the Corporate environment using market intel. This                        to keep their operations moving, and they look to   well-being of our craftspeople – they’re the last-mile
      more than $500M a year in revenue attributed to data     acute focus aims to anticipate significant delays and                     their distributors to keep them up to speed on the   implementer of the build. We focus on safety, inventive
      center projects. In 2022, based on our forecast, we will   impacts to our pipeline and adjust our resources and                    latest and greatest products in the market. Here,   tooling, systems, robotics, installation techniques, quantity
      exceed $600M.                                            capacity accordingly.                                              CBill Mazzetti, senior vice president at Rosendin,      surveying, and project controls that make their life easier,
                                                                                                                                   discuss the features he looks for in new products, key   and we’re happy to say that we’re seeing all of these are
      There are currently over $939M in high-probability       ACCOUNT MANAGEMENT                                                  product trends he is witnessing, and what he wants from   trends in the industry. We also see an increased openness
      data center prospects in Rosendin’s pipeline. Several                                                                        their distributors when it comes to getting new product   on the part of channel members to be of assistance; often
      of the larger programs we are currently working          Rosendin’s General Contractors, Developers,                         information:                                           all we have to do is ask for specific help or insight from
      on include high-technology clients and data center       Owners, and Partners are vital to securing business                                                                        our suppliers, partners, and employees and then fund and
      campus owners.                                           and executing our projects, ultimately to our success.              Q: As you evaluate different new products, what key    support it adequately.
                                                               Account management plays a significant role in our                  features are you looking for and why?
      COMMERCIAL                                               business, ensuring alignment with this community,                                                                          Q: How do your distributors share information on new
                                                               and it is important to understand how and where we
      Over the years, this market has represented              align with them.                                                    Mazzetti: We don’t look for a “product” per se, but rather   products with you, and do you find this to be effective?
      approximately 15% of Rosendin’s annual revenues, with                                                                        a solution. The solutions we’re seeking and developing   What do you want from them when it comes to getting
      2021 projected revenues at $320M.                        Our goal in building new and maintaining existing                   ourselves really address the next level in functionality and   information about new products?
                                                               customer relationships is to be a trusted and valued                benefit, where that benefit addresses multiple needs and
      Business Development is tracking more than               partner that is solutions-based, collaborative, and                 solves multiple problems at the same time.             Mazzetti: At Rosendin, strong innovation happens at the
      $1.5B worth of high-probability commercial project       open to information sharing. Our success is not only                                                                       manufacturer or key partner level based on our ask. That
      opportunities scheduled to break ground within a year,   measured financially but also through overall client                Q: What interesting and/or specific new products or    said, however, our distributors and other external partners
      and over $1B in medium to low opportunities, which       satisfaction. The customer experience is what tells                 product trends are you seeing today?                   bring us everything from new ideas and iterative gains on
      are projects being tracked two years and beyond.         the true story.                                                                                                           products to collaboration with their research teams on new
                                                                                                                                   Mazzetti: We’re thrilled to see two vital improvements/  products and systems that we end up co-developing, so we
                                                                                                                                   trends that require constant vigilance happening in our   appreciate their involvement. 
                                                                                                                                   industry – jobsite safety and mental health/wellness


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