MergerLinks Header Logo

Announced

Uplight to acquire AutoGrid from Schneider Electric.

Synopsis

Uplight, the technology partner to energy providers transitioning to a decarbonized future, agreed to acquire AutoGrid, a virtual power plant developer, from Schneider Electric, a French multinational company that specializes in digital automation and energy management. Financial terms were not disclosed. "The grid is at a critical inflection point that demands integrated, effective digital solutions to accelerate electrification, efficiency, and decarbonization. Our new platform will combine Uplight’s deep customer engagement capabilities and AutoGrid’s leading renewables and flexible capacity management solutions to provide a vibrant connected ecosystem where our utility clients, energy users, and equipment manufacturers can accelerate their impact in the energy transition," Luis D’Acosta, Uplight CEO.

Principals

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US