Calibrant Energy Completes Acquisition of Enel X Storage Unit in North America [Yahoo! Finance]
ENEL SPA UNSP/ADR (ENLAY)
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Source: Yahoo! Finance
The acquisition of Enel DES significantly expands Calibrant's development pipeline and portfolio of operating assets, bolstering the company's ability to deliver cutting-edge clean energy solutions for commercial, industrial, and institutional customers. Both Calibrant and Enel DES originate, develop, own, and operate an array of distributed energy technologies including battery storage ("BESS"), solar photovoltaics ("PV"), microgrids, and electric transport infrastructure. As a unit of Enel X North America, Enel DES continually pushed the boundaries of customer-sited distributed energy solutions, growing to more than 330 MWh of BESS projects in operations or construction, including some of the largest behind-the-meter BESS projects in North America. Beyond its operating portfolio, Enel DES brings to Calibrant more than 700 MWh of distributed projects in late-stage development, as well as over 2 GWh of optimization service contracts which seek to increase competitiveness, improve e
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