GridX completed the acquisition of Innowatts.

GridX, an enterprise rate engine for modern utilities, completed the acquisition of Innowatts, a company that provides AI energy data analytics services to a range of customers. Financial terms were not disclosed. “Joining GridX represents a tremendous opportunity to accelerate our impact in the utility and retail energy sectors. By combining our deep expertise in load forecasting and grid planning with GridX’s market-leading rate platform, we can now offer utilities and retailers a truly end-to-end solution that spans from long-term planning through real-time rate analytics. In doing so, we are furthering our commitment to offering utilities best-in-class demand flexibility solutions,” Dave Boundy, Innowatts CEO.