Announced
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Synopsis
GE Vernova, a company that produces platforms and intelligent applications necessary to accelerate electrification and decarbonization across the energy ecosystem, completed the acquisition of Greenbird Integration Technology, a data integration platform company focused on utilities. Financial terms were not disclosed. “Utilities have an urgent need to connect data from multiple sources to gain visibility and effectively automate their grid operations. Fragmented data is a major obstacle to modernizing the grid and is holding the energy transition back. The Greenbird acquisition brings the proven ability to connect multiple data sources and accelerates our vision for GridOS that is making energy security a reality for many of the world’s leading utilities. Data and AI are key to helping utilities run a reliable and resilient grid and this acquisition is a massive accelerant to making that vision a reality for utilities of all sizes,” Scott Reese, GE Vernova CEO.
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