Announced
Synopsis
EnergyHub, a provider of grid-edge flexibility solutions, agreed to acquire Grid Services demand response business from Resideo Technologies, a global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential end-markets. Financial terms were not disclosed. "I am extremely proud of the innovation, customer partnerships, and strong reputation our Grid Services team has built. By joining forces with EnergyHub, we will be able to offer our utility clients a broader ecosystem of DERs and leverage our winning platforms and talented team to accelerate the transition to a carbon-free grid," Dave Oberholzer, Resideo Grid Services General Manager.
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