Acquiring Company
CPower Energy
Acquired Company
Centrica
Baltimore
WindsorEnergyRenewable EnergyEnergy ManagementEnergy EfficiencyEnergyOil And GasElectric UtilitiesRenewable EnergyEnergy ManagementBiomass EnergyDescription
Today, leading national energy solutions provider CPower Energy Management ("CPower") announced it has entered into a definitive agreement to acquire the U.S. demand response division of Centrica Business Solutions, LLC ("Centrica"). Centrica is an integrated energy solutions company that is a leading provider of commercial and industrial load management with customers in PJM, ISO-NE, NYISO, and ERCOT. The acquisition will position CPower as the U.S. leader in providing grid flexibility and reliability through customer-powered distributed energy resources (DER), with nearly 6.3 GW capacity at more than 17,000 sites available to be dispatched to the grid when it's needed most. In return, CPower helps participating DER owners keep energy costs low, enhance resiliency, and avoid carbon emissions by being available to use less electricity during peak periods.
Quick answer
CPower Energy is acquiring Centrica, announced July 11, 2022. CPower Energy is based in Baltimore, Maryland, United States.
- How much did CPower Energy pay for Centrica?
- The deal value was not disclosed.
- What does CPower Energy do?
- CPower Energy is a leading Virtual Power Plant platform, monetizing the value of customer-sited energy to intelligently strengthen the grid.
- Where are CPower Energy and Centrica based?
- CPower Energy is based in Baltimore, Maryland, United States. Centrica is based in Windsor, Berkshire, United Kingdom.
- Who are the decision-makers at CPower Energy?
- Fundz holds 1 contact at CPower Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at CPower Energy, and when
When CPower Energy changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CPower Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CPower Energy, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Centrica?
Centrica was acquired by CPower Energy, based in Baltimore. The deal was reported on July 11, 2022. CPower Energy is a leading Virtual Power Plant platform, monetizing the value of customer-sited energy to intelligently strengthen the grid. CPower Energy is privately held and operates in Energy.
When did CPower Energy acquire Centrica?
CPower Energy's acquisition of Centrica was reported on July 11, 2022. Today, leading national energy solutions provider CPower Energy Management ("CPower") announced it has entered into a definitive agreement to acquire the U.S. demand response division of Centrica Business Solutions, LLC ("Centrica"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Centrica do?
Centrica is a leading energy services and solutions provider founded on a 200-year heritage of serving people. It is privately held, operating in Energy, and is based in Windsor.
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