Arcadia to acquire Urjanet.

Arcadia, a climate software and data company that specializes in decarbonizing the electric grid, agreed to acquire Urjanet, a provider of utility data platform transforms the way businesses mobilize the data available within utility bills and invoices. Financial terms were not disclosed. “Urjanet has built a fantastic business capturing utility data across 30% of the Fortune 500. With Urjanet joining Arcadia, we will be able to serve customers globally with the most comprehensive software solution in climate tech. Without data access, it will be impossible to meet the urgency and size of the climate crisis. Through our combined capabilities, Arc will help companies in every industry plan for and act on their climate responsibilities, pulling forward a zero-carbon future,” Kiran Bhatraju, Arcadia CEO.