On March 3, the building controls giant Johnson Controls announced its acquisition of EnergyConnect, a demand response (DR) company, for $32 million. EnergyConnect offers a software-as-a-service energy dashboard focused on the commercial and industrial (C&I) "price-response" DR market, allowing cust...
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Company Snapshot | July 08, 2021
The company was founded by Bert Lutje Berenbroek in 2011 and has raised an undisclosed amount of funding since then; its latest funding round was a Series B that closed in March 2021, with investments from APG, Shell Ventures, and EDP Ventures; in 2020, the company joined the Free Electrons ... Not part of subscription
News Commentary | October 12, 2021
The deal comes only a few months after Siemens announced it was "considering acquisitions in building management software and electric vehicle charging to accelerate growth." With this acquisition, Siemens Smart Infrastructure aims to expand its smart buildings products, focusing on small and medium... Not part of subscription
News Commentary | May 19, 2022
Schneider Electric plans to acquire the American distributed energy resources management software (DERMS) platform Autogrid, enabling it to provide new software capabilities, primarily to manage such resources as residential and utility‑scale batteries, rooftop solar, electric vehicle charging ... Not part of subscription