KO Client Energy Acuity Acquired by Enverus to Expand Renewable Power Offerings
- KO Firm
- April 7, 2021
Energy Acuity, a leading provider of power generation and power delivery market data with expertise in renewable energy, was acquired by Enverus, a leading energy SaaS company.
KO partner John Gaddis, attorneys Melissa Mellen, Michael Wysolmerski and Chris Achatz, and paralegal Chris Ignelzi supported Energy Acuity through the acquisition deal.
“The market for renewables-focused data, insight and predictive analytics is clearly growing and our customers continue to signal that more advanced solutions are critical to maintaining a competitive edge,” Brian Graff, founder of Energy Acuity,” said in a press release. “As part of Enverus, we will be able to incorporate multiple new data sets and leverage the 200-person analyst and data science teams to create full forecasting capabilities, satellite tracking and valuation models of existing and proposed projects.”
Energy Acuity has more than 30 employees in Denver, Colorado. Enverus will integrate Energy Acuity’s data into Prism™, the company’s hallmark single technology platform.
“As energy markets rapidly evolve and investments in renewable generation increase, the need for analytical solutions to capitalize on this opportunity will also grow,” Manuj Nikhanj, president of Enverus, said in the release. “Over the past five years, our company has made significant investments through targeted acquisitions and organic development. The addition of Energy Acuity will allow us to create the most comprehensive end-to-end energy offering in the industry.”
Read more about the acquisition in The Denver Post.