Enel Green Power North America has acquired Demand Energy Networks, a company based in the US.
Demand Energy Networks is a software solutions provider, which also develops projects and operates in the battery storage optimisation segment.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Enel expects the acquisition to strengthen its position in the battery storage market, enhancing digitisation and helping to create new product offerings for its customers.
Areva has agreed to divest its remaining shares in the company to the French government.
The interest will be acquired from The Kuwait Investment Authority, Electricite de France, and Total.
An agreement for the acquisition has been reached between the parties. The consideration is fixed at €4.5 ($4.78) a share.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataJilin Electric Power Co has reached an agreement to acquire a 95% stake in Guangzhou Branch Co.
Guangzhou Branch Co is a solarpower plants developer based in China.
