06 Dec Merchant generator acquires leading demand response provider
LS Power announces acquisition of CPower. Merchant generator LS Power announced a definitive agreement to acquire Enerwise Global Technologies, Inc., a demand-side energy management solutions provider operating under the trade name CPower. Financial terms were not disclosed for the transaction slated to close in December 2018. “CPower is a well-established leader in demand response and distributed energy resources across all key power markets, with a high- quality customer base and talented, cohesive and dedicated management team,” said LS Power’s David Nanus in a press release. “This acquisition gives LS Power the opportunity to support the continued growth of CPower’s unmatched energy management platform through the advancement of its proprietary technology, development of new products and ongoing delivery of superior customer service.”
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