Connected Energy’s demand management solutions create a virtual, real-time control center for distributed energy resources. More than 450MW of demand and generation assets are being monitored, managed and controlled by customers.
Customers reportedly operate the Connected Energy solution for a comprehensive range of assets including wind farms, solar arrays, diesel generators, turbine generators, industrial equipment, co-generation systems, building energy management systems and numerous distributed control systems.
Through this acquisition BPL Global will market the demand management solution through its network in Asia, Europe, Latin America and the Middle East in addition to North America. The transaction has been approved by the boards of both companies and is subject to shareholder approval.
Keith Schaefer, CEO of BPL Global, said: What impressed us about Connected Energy was that its proven product is used by leading utilities and laboratories, including Duke Energy, Southern California Edison and Lawrence Berkeley National Laboratory.
