EnergyHub Acquires Finland-Based Kapacity.io to Accelerate Demand-Side Flexibility in Europe
Acquisition brings EnergyHub’s experience building North America’s largest residential virtual power plants to global markets
EnergyHub’s distributed energy resource management system (DERMS) manages more than 1.5 million distributed energy resources (DERs) across over 100 utility programs in
“This partnership opens exciting new avenues for our technology,” said Jaakko Rauhala, co-founder and CEO at Kapacity.io. “With EnergyHub’s support, we’re poised to grow our capabilities, broaden our partnerships across
Combining Kapacity.io’s expertise in European markets with EnergyHub’s track record building North America’s largest residential flexibility programs will unlock new opportunities for managing multiple device types—including electric vehicles, behind-the-meter battery storage, thermostats, and more—to deliver critical grid services across
“Acquiring Kapacity.io will enable EnergyHub’s plan to grow VPPs outside North America,” said Seth Frader-Thompson, CEO at EnergyHub. "Kapacity.io’s team brings a wealth of knowledge and experience that will help us expand into
EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading platform for the intelligently connected property.
About EnergyHub
EnergyHub is a leading Edge DERMS provider. Utilities rely on EnergyHub’s DERMS platform to manage all types of distributed energy resources to serve grid and market objectives. EnergyHub works with over 70 utilities in
About Kapacity.io
Kapacity.io is a European leader in optimizing heat pump performance and managing distributed energy resources to support grid operations. With a strong focus on integrating renewable energy technologies, Kapacity.io works closely with retailers and device manufacturers to accelerate the adoption of clean energy solutions in
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Source: EnergyHub