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Announced

EDF Renewables to acquire Pivot Power.

Synopsis

EDF Renewables, which provides wind and solar solutions as a NERC certified green project development company, agreed to buy Pivot Power, a British start-up company which specializes in battery storage and infrastructure for electric vehicle charging points. Financial terms were not disclosed. “Pivot Power’s purpose from the start has always been to accelerate the UK’s transition to a cost-effective, reliable, low-carbon energy system and in parallel fast-track the rapid adoption of clean transport. EDF Renewables shares our vision and of course brings the expertise, resources and platform to make this a reality,” Matt Allen, Pivot Power CEO.

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