Calibrant Energy completes acquisition of Enel X Storage Unit in North America
Oct 07, 2024•about 1 year ago
Acquiring Company
Calibrant Energy
Acquired Company
Enel X North America
Description
Calibrant Energy, a distributed energy platform, has successfully closed the acquisition of 100% interest in Enel X Storage, LLC (Enel DES) from Enel X North America, Inc. This acquisition significantly expands Calibrant’s development pipeline and portfolio of operating assets, enhancing its ability to deliver cutting-edge clean energy solutions for commercial, industrial, and institutional customers.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed