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Announced

Completed

Enverus completed the acquisition of RatedPower.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Spain

Software

software

renewable energy

Private

Friendly

Acquisition

Majority

Completed

Single Bidder

solar

Cross Border

Synopsis

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Enverus, an energy SaaS company, completed the acquisition of RatedPower, a SaaS company developing solutions that automate and optimize the feasibility study, analysis, design and engineering of solar power plants and electrical infrastructure. Financial terms were not disclosed. "Much like our start decades ago, RatedPower is a trailblazer in digitalization, automation and efficiency, but in the rapidly growing solar market. Our common denominator is truth in data, strategic planning and optimizing efficiencies. As of today, we have taken a major leap forward in adding to our solar planning capabilities enabling us to strategically advise customers where and how to design their plants to maximize production," Jeff Hughes, Enverus CEO.

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