Rodan Energy Acquires Leading Energy Analytics Provider
Acquisition of Energent Solidifies Rodan’s Leadership in Enabling Demand Side Management for Large Energy Consumers
Mississauga, ON, October 21, 2015 – Rodan Energy Solutions, Canada’s largest independent demand response and smart grid solutions provider announced today that they have acquired Energent Inc., a leading North American energy management information systems (EMIS) provider that enables organizations to understand, change and manage their energy usage. This sophisticated data analytics company provides insight to energy saving opportunities and enables companies to take control of their energy use and associated costs.
“The combination of Rodan and Energent will enable our customers to make better informed decisions about their energy use in order to reduce their total energy spend and carbon footprint,” stated Paul Grod, President and CEO of Rodan Energy. “The ability to combine metering, demand response with sophisticated energy analytics provides a comprehensive demand side management offering to both utilities and their large customers. Our clients will now have the intelligence and the technology to adjust both the timing and quantity of their electricity and other commodities use, while delivering immediate benefits together with an instant payback.
Energent’s comprehensive suite of SaaS-based energy management tools, coupled with Rodan’s robust EnerVu Demand Response System, will allow organizations to dramatically enhance their energy management strategies and establish energy cost reduction goals.
“Rodan Energy and Energent are the perfect combination to deliver high value energy management solutions to both utilities and end user customers alike. With intuitive dashboards, powerful optimization tools, and the consultative guidance of the Energy Analyst, clients in all sectors will be able to prioritize the energy performance measures that deliver the highest return on investment, and then measure and verify the impact on energy costs,’’ explains Chris Reid, President & CEO Energent Inc.
The Rodan Energy Group of Companies, which include Energent, MIDAS Metering and Enershift, provide a comprehensive suite of energy solutions to North America’s leading energy consumers, utilities and power producers.
About Rodan Energy
Rodan Energy is a leading smart grid integrator delivering energy solutions to electricity consumers, distributors and power producers. Combining its expertise in metering, data management and demand response, Rodan Energy is helping to develop a sustainable energy future in North America. Rodan Energy is headquartered in Mississauga, Ontario with its Western Canadian regional office in Calgary, Alberta. More information on Rodan Energy is available at www.rodanenergy.com
Energent is headquartered in Canada’s high-tech hub of Kitchener-Waterloo, Ontario. They have extensive deployments of their proprietary energy modelling and analytics expertise for Commercial, Industrial, MUSH, and Retail sectors. Energent is a recognized North American leader in the Smart Grid arena and has several micro/macro grid optimization projects underway, including being selected as a vendor for the Ontario Green Button initiative, selected as a Transformative Energy Innovator by the Ontario Centre of Excellence (Centre for Energy); and recognized as by Northwest Energy Efficiency Alliance as one of the top six companies globally that provide industrial energy management information systems. More information on Energent is available at www.energent.com
*Veracap M&A International acted as advisors to Energent
Media & Other Inquiries
Omi Sahota | Marketing Manager
Rodan Energy Solutions | www.rodanenergy.com | Tel: (866) 999.5006×241 omi.sahota AT rodanenergy.com