28 Dec '17, 10am

Was 2017 the Year Global Energy Giants Went All-In on the Distributed Energy Revolution?

Was 2017 the Year Global Energy Giants Went All-In on the Distributed Energy Revolution?

It's been an interesting year for mergers and acquisitions in the distributed energy space, with some unexpected developments. We haven't seen the same massive M&A deals of years past, such as GE’s purchase of Alstom or Honeywell’s acquisition of Elster -- although Tuesday's announcement that smart metering and utility software provider Aclara was being sold for $1.1 billion to Hubbell Inc. helped bring this year's total closer to the peaks of the past. But when you look at the activity in 2017, a pattern emerges. Over the past year, we’ve seen a number of major European energy companies -- and some Japanese, American and Israeli ones as well -- buy into the proposition that providing distributed energy technologies and services to their customers will be a significant part of their futures. This pattern stands out most clearly in the big European energy giants’ shopping s...

Full article: https://www.greentechmedia.com/articles/read/the-year-in-...

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