Announced
Completed
Financials
Sources
Tags
Spain
Software
software
renewable energy
Private
Friendly
Acquisition
Majority
Completed
Single Bidder
solar
Cross Border
Synopsis
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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