The $2m loan provides working capital for the company to continue development and marketing of its GreenBus smart grid software platform.
Green Energy said the GreenBus platform has been developed to help power utilities modernize their operations, increase their efficiency and automate many processes.
The Colorado Governor’s Energy Office executive director TJ Deora said Green Energy’s software technology can help lead the transformation of Colorado’s electric power sector, enabling superior environmental performance and reducing costs to consumers.
