The Italian utility group Enel SpA (
www.enel.com) has acquired — through its Enel Green Power North America Inc subsidiary — Demand Energy, a US-based company specialising in intelligent software and energy-storage systems.
Demand Energy CEO Gregg Patterson said: “Our acquisition by Enel underscores the strategic intersection of renewable-energy production, energy storage and an intelligent-software controls platform.
“We’re very pleased to become part of Enel, which will lead to expanded product and service offerings and global market opportunities.”
Francesco Venturini, Enel head of global renewable energies, said: “By combining our global presence and expertise in systems integration with Demand Energy’s software and established product offering, we will expand the development of renewables and storage both in the USA and globally, delivering a ‘clean’, reliable, high-tech and cost-effective energy solution.”
Demand Energy has completed 24 projects in the USA and Latin America, while Enel operates more than 1,000 plants in over 20 countries.