Arcadia and Perch Energy formed a joint venture.

Arcadia, a company specializing in utility data and energy solutions, and Perch Energy, a community solar servicing company, formed a joint venture. Financial terms were not disclosed. "We're thrilled to join forces with Perch and continue delivering millions of bill savings for residential and commercial customers. Bruce and team share our values and belief in community solar as the best energy product in the market, and as an essential tool in the coming years to create resilient distribution grids,” Kiran Bhatraju, Arcadia Founder and CEO.