Articles

This Research Note examines CPower Energy Management, a US provider of building-to-grid technology for commercial buildings that offers peak demand management and behind-the-meter distributed energy resource (DER) services to building owners and operators.  We review their acquisition by NRG Energy and partnerships with infrastructure providers, before assessing the competitive market for demand response and grid […]

This Research Note examines the development of 1KOMMA5°, a German startup addressing the purchase and installation of decentralized energy systems enabling millions of private and commercial customers in Europe and Australia to switch from fossil fuels to the cheapest and cleanest electricity.  With expected revenues of $750 million in 2026, the company is one of […]

This Research Note examines the landscape of ESG software providers, who are strengthening and broadening their offerings beyond compliance requirements and carbon accounting into integrated platforms for commercial real estate. This has resulted in a spate of ESG software acquisitions this year, as consolidation accelerates. We highlight 7 key players in the market: osapiens, Deepki, […]

This Research Note examines Schneider Electric’s acquisition of Jeddah-based Al Mayssan Technical Services (MTS), a Saudi building management systems integration specialist. We highlight the development of the French energy and automation group’s presence in Saudi Arabia and comment on its initiatives to strengthen its building automation and project-delivery capabilities in the Kingdom. MTS Acquisition In […]

This Research Note examines the recently announced acquisition of UtilityInnovation Group (UIG) by Vertiv.  We explore the transaction details, the target business profile and the strategic rationale of the acquisition before commenting on the M&A history of Vertiv and comparing their microgrid strategy with the group’s data center infrastructure peers. Transaction Details On 2nd September […]

This Research Note examines the latest acquisitions in liquid cooling technology by the major HVAC and data center infrastructure players over the last 8 months.  This updates our November 2025 Research Note on Liquid Cooling Acquisitions: 4 Major Deals Reshape Data Center Market in 2025 and our February 2026 Note on Data Center M&A Surge: […]

This Research Note examines SCorp-io, a French scale-up providing building management systems (BMS) for medium-sized commercial buildings.  We highlight the gap in the French market for energy management in medium-sized buildings, comment on deployments and funding raised by SCorp-io, as well as competition in the European market. SCorp-io is one of 169 startups funded in […]

In this Research Note, we examine Budderfly, the US Energy Efficiency-as-a-Service (EEaaS) company focused on Small and Medium-sized Enterprises (SMEs) and franchise businesses. This analysis covers their business model, funding, majority ownership, acquisitions, partnerships, and growth since our coverage of the company in January 2024. Budderfly Profile Founded in 2007 and headquartered in Shelton, Connecticut, […]