Bison Capital Partners IV, LP announces investment in Lime Energy Co.

Huntersville, NC – December 30, 2014 – Lime Energy Co. (NASDAQ: LIME), a leading provider of energy services to utilities and their commercial customers, announced today that the company has completed a capital raise for $10 million in gross proceeds before offering expenses. The funding comes from Bison Capital, a highly regarded private equity firm with a track record of helping innovative, growth-oriented companies like Lime Energy realize their potential…

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Lime Energy Co.

Lime Energy is building a new energy future. As a leading national provider of energy efficiency for small business customers, Lime designs and implements direct install programs for utility clients which consistently exceed program savings goals.  Lime’s award-winning, integrated services programs provide utilities with reliable energy efficiency resources while delivering the highest levels of customer satisfaction.  This next-generation approach is helping utilities across the country to go deeper and broader with the cheapest, cleanest and fastest energy resource available – energy efficiency.

The company is publicly traded on NASDAQ under the ticker “LIME”.

www.lime-energy.com

About Bison Capital

Bison Capital is a Los Angeles and New York based private equity firm that makes growth capital investments in middle‐market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations. The firm’s primary investment focus is partnering with entrepreneurs and management teams seeking capital to grow their businesses. www.bisoncapital.com