Announced
Completed
Financials
Tags
energy management solutions
Acquisition
Electricity Distribution
Private
Completed
United States
Private Equity
Single Bidder
Majority
Friendly
Synopsis
LS Power, a US power and energy infrastructure owner, completed the acquisition of CPower, a demand-side energy management solutions provider that helps commercial, industrial and government organizations in the US energy markets save on energy costs, earn revenue through energy curtailment, enhance their sustainability efforts, and contribute to a balanced, reliable grid, from HIG Capital. Financial terms were not disclosed. “We have enjoyed partnering with HIG. Our team has valued the continued support and leadership provided throughout our partnership as we worked to achieve our goals and growth initiatives. HIG’s expertise was invaluable in developing CPower into market-leading demand response and energy management provider.” John Horton, CPower President, and CEO.
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