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Budderfly acquires Sunverge's DERMS, Pioneers End-to-End VPP

PRIVATEAug 13, 2024

Acquiring Company

Budderfly

Acquired Company

Sunverge Energy, Inc.

United StatesSan FranciscoEnergy

Description

Budderfly has acquired Sunverge's distributed energy resource management system (DERMS) to create virtual power plants (VPPs), aiming to provide flexibility to the grid, increase resiliency for customers, and grow new revenue streams. This enables Budderfly to offer essential technology to the middle market, deliver sustainable efficiency outcomes, and accelerate clean energy adoption across the mid-market.

Quick answer

Budderfly is acquiring Sunverge Energy, Inc., announced August 13, 2024. Budderfly is based in United States.

Who acquired Sunverge Energy, Inc?
Budderfly agreed to acquire Sunverge Energy, Inc. on August 13, 2024.
How much did Budderfly pay for Sunverge Energy, Inc?
The deal value was not disclosed.
What does Budderfly do?
Budderfly is the preferred sustainability partner for commercial businesses, focusing on repeatable footprints.
Where are Budderfly and Sunverge Energy, Inc. based?
Budderfly is based in United States. Sunverge Energy, Inc. is based in San Francisco, California, United States.
Who are the decision-makers at Budderfly?
Fundz holds 4 contacts at Budderfly. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Energy

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Company Information

Company

Budderfly

Location

United States

About

Budderfly is the preferred sustainability partner for commercial businesses, focusing on repeatable footprints.

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Frequently asked

Who acquired Sunverge Energy, Inc.?

Sunverge Energy, Inc. was acquired by Budderfly, based in United States. The deal was reported on August 13, 2024. Budderfly is the preferred sustainability partner for commercial businesses, focusing on repeatable footprints. Budderfly is privately held.

When did Budderfly acquire Sunverge Energy, Inc.?

Budderfly's acquisition of Sunverge Energy, Inc. was reported on August 13, 2024. Budderfly has acquired Sunverge's distributed energy resource management system (DERMS) to create virtual power plants (VPPs), aiming to provide flexibility to the grid, increase resiliency for customers, and grow new revenue streams. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sunverge Energy, Inc. do?

Sunverge Energy is a California-based company that optimizes the value of renewable energy by leveraging the practical advantages of distributed generation, storage, and software-as-a-service. It is privately held, operating in Energy, and is based in San Francisco.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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