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Announced

General Electric to acquire Opus One Solutions Energy.

Synopsis

General Electric to acquire Opus One Solutions Energy, a software company that helps electric utilities optimize energy planning, operations, and market management. Financial terms were not disclosed. “We’ve heard clearly from our utility partners that they need an integrated end-to-end platform to plan, operate, and transact with DERs on their grids. We look forward to becoming an integral part of GE Digital, combining our complementary strengths in best-in-class software solutions. Our commitment is to empower grid operators with the best strategies and technologies, as they solve some of the world’s toughest challenges and greatest opportunities around distributed energy. It’s an exciting time in our mission to enable the energy transition and the grid of the future," Joshua Wong, Opus One President & CEO.

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