Announced
Financials
Tags
Merger
Pending
Private
Friendly
United States
Software
energy storage project
energy storage software
Synopsis
Pason Power, a provider of intelligent software for the energy storage market to merge business with Energy Toolbase, an industry-leading software platform that specializes in modeling and proposing the economics of solar and energy storage projects. Financial terms were not disclosed. These two software and technology leaders will join forces to provide a cohesive suite of project estimating, storage control, and asset monitoring products, enabling solar and energy storage developers to more efficiently develop and deploy projects. The newly combined entity will retain the Energy Toolbase and Pason Power brand names. “We’re thrilled to be joining forces with the Pason team. We’re both customer-centric organizations that have a shared vision for the future,” said Energy Toolbase Founder and CEO, John Gurski. “Most importantly, we believe that this deal is great news for our customers. We’ll be able to offer them a wider suite of products that empowers them to close energy storage deals with confidence.”
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