Deal Snapshot
ENEL GROUP CLOSES USD 250M ACQUISITION OF US ENERGY INTELLIGENCE SOFTWARE FIRM ENERNOC
Friday 11 August 2017

Italian power utility and integrated electricity and gas operator Enel Group has closed its acquisition of US-based demand response solutions and energy intelligence software company EnerNOC, Inc. (NASDAQ: ENOC), the group said.
This deal was announced in June. Enel Green Power North America acquired EnerNOC for approx. USD 250m following successful completion of tender offer and fulfillment of all conditions to the closing of the transaction. This transaction makes Enel Group a leader in demand response services, incorporating EnerNOC's more than 8,000 customers, 14,000 sites under management and 6gw of demand response capacity.


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Details
Date Published: 11/08/2017
Target: EnerNOC, Inc
Country: USA
Deal Size: 300m (USD)
Sector: Utilities
Type: Corporate acquisition
Financing: Cash
Status: Closed
Vendor:
Buyer: Enel Group
Comment:


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