Rodan Energy Acquires Leading Power Markets Information Provider
Acquisition of Sygration Inc., Solidifies Rodan Energy’s Leadership in Energy Intelligence Solutions and Systems for Reducing Electricity Costs for Large Energy Consumers
Mississauga, ON, August 10, 2016– Rodan Energy Solutions, a leading North American provider of demand response, energy intelligence and smart grid solutions, announced today that they have acquired Sygration Inc., a leading energy analytics company that provides unique insight into North American electricity markets. These market analytics coupled with Rodan’s existing energy information systems and capabilities in developing and managing distributed energy resources, provides unique capabilities to deliver powerful solutions to large electricity consumers, power producers, utilities and energy traders.
“Our combined solutions will enable our customers to make intelligent decisions about how they engage in energy markets in North America,” stated Paul Grod, President and CEO of Rodan Energy. “The addition of Sygration, along with the recent acquisition of Energent, vaults Rodan Energy into a leadership position in the field of energy intelligence through predictive modeling and analytics. Rodan is now a stronger industry leader in energy analytics, electricity demand profiling and predicting peaks. We enable our customers with powerful tools and solutions to reduce their total energy spend, including Global Adjustment cost reduction.”
Sygration’s powerful suite of web-based tools and electricity market data feeds have long been the first choice for companies requiring fast, accurate data in order to make timely decisions in the electricity markets. “Rodan Energy and Sygration are a powerful combination that will deliver integrated solutions that provide real value to the bottom line” explains Tom Hilbig, Founder and CEO of Sygration. “Together we will deliver a much more comprehensive, reliable and powerful offering to our clients.”
About Rodan Energy
Rodan Energy is a leading smart grid integrator delivering innovative energy solutions to electricity consumers, distributors and power producers. Combining our expertise in metering, engineering, demand response and energy management information systems, we help our clients reduce their total energy spend. Rodan Energy is headquartered in Mississauga, Ontario with its Innovation Hub in Kitchener-Waterloo and a Western Region office in Calgary, Alberta. Visit www.rodanenergy.com for more information.
Sygration provides web-based solutions and data services for de-regulated electricity markets. Customers include generators, energy traders, large industrial loads and regulatory bodies across Canada and the United States. Clients quickly benefit from Sygration’s products, in-depth technical knowledge of the markets, experience in Information Technology, and market data analysis. Visit www.sygration.com for more information.
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