Energy Acquisitions in 2017
Acquisition Volume in Energy in 2017 by Year
Last 5 years
Actual
Full-year estimate
-
January 11, 2017
- Buyer
- Enel SpA, Enel Green Power North America, Inc.
- Target
- Demand Energy Networks, Inc.
- Industry
- Energy
- Location
- Washington, United States
- Type
- Buyout
Italian utility Enel (through its North America renewables unit) acquired 100% of U.S.-based Demand Energy Networks, Inc., a developer and operator of energy storage systems and the DEN.OS energy management software, for an undisclosed amount. Enel said the deal will strengthen its position in the battery storage market and allow rapid global scaling of Demand Energy's software and project capabilities across Enel's renewables portfolio.
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