Inform - Enel Acquires EnerNOC to Stay Competitive in DER Management Space
Energy giants Engie, Centrica, EDF have acquired solar, energy efficiency and other distributed energy resource companies. Is Enel’s acquisition of EnerNOC an effort “to keep up with the Jones”? EnerNOC was troubled financially, but also has the largest portfolio of demand response in the world with 6 gigawatts of controllable load, and relationships with 8,000 commercial and industrial customers. This brief report discusses different aspects of Enel’s acquisition of EnerNOC in the context of other market investments in the distributed energy market.
This report is available only as part of GTM Research’s Grid Edge Service.