Macquarie-backed Calibrant Energy completed the acquisition of Enel X Storage from Enel X.

Macquarie-backed Calibrant Energy, a distributed energy platform providing customized energy solutions at scale, completed the acquisition of Enel X Storage from Enel X, a provider of products, services, and integrated solutions to enhance energy efficiency for businesses and public administration. Financial terms were not disclosed. “Enel DES has an impressive track record of delivering innovative clean energy solutions to clients and I’m excited to welcome the talented Enel DES team to Calibrant. Together, we will continue to meet the evolving needs of large power users by offering scalable solutions that simplify the path to decarbonization, combat rising energy costs and price volatility, and achieve enhanced resiliency,” Philip Martin, Calibrant Energy CEO.