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Enverus completed the acquisition of Pearl Street Technologies.

Synopsis

Enverus, a company specializing in energy-dedicated SaaS solutions, completed the acquisition of Pearl Street Technologies, a firm focused on next-generation grid simulation solutions. Financial terms were not disclosed. "With project success rates remaining low, investors and power developers need a comprehensive solution to effectively navigate risks, economic returns and seize opportunities in today's evolving energy landscape. Pearl Street Technologies has established itself as a leader in this space, streamlining interconnection and grid planning studies for some of the largest balancing authorities and market participants. We are excited to integrate Pearl Street's and Enverus' data, analytics and platforms to provide an unprecedented end-to-end solution to all power market participants," Manuj Nikhanj, Enverus CEO.

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