Enel X
Enel X, formerly EnerNOC, is the largest provider of demand response worldwide.[3] In August 2017, EnerNOC was acquired by the Enel Group.[4]
Formerly | EnerNOC |
---|---|
Industry |
|
Founded | 5 June 2003 |
Founder | Timothy Gregg Healy, David Benjamin Brewster |
Headquarters | , |
Area served | Worldwide |
Key people | Francesco Venturini, CEO[1] |
Products |
|
Revenue | US$472 Million (2014)[2] |
Number of employees | 1,300+ (2014)[2] |
Parent | Enel |
Website | www |
History
Enel X was first established by Timothy G. Healy and David Brewster, as EnerNOC, LLC in New Hampshire from December 2001 until June 2003. On 5 June 2003 EnerNOC was incorporated in Delaware. EnerNOC went public in 2007 on the NASDAQ stock exchange, raising US$98 million.[5][6]
EnerNOC owned numerous subsidiaries around the world. In 2009, EnerNOC bought Cogent Energy and acquired eQuilibrium Solutions.[7] In March, 2010, EnerNOC bought SmallFoot, LLC, a company that makes wireless systems to manage demand for smaller facilities.[8] In late 2010 and early 2011, respectively, EnerNOC announced agreements to acquire Global Energy Partners and M2M Communications.[9]
Since early 2014, EnerNOC acquired five additional companies: Activation Energy, an Irish provider of demand response; Entelios, a German demand response provider; EnTech, a global utility bill management software provider; Pulse Energy, a Vancouver-based provider of utility customer engagement software; and World Energy, an energy procurement software company.
In August 2017, Enel Green Power North America acquired EnerNOC for over $300 million.[4][10] In January 2018, EnerNOC integrated Demand Energy, the provider of the DEN.OS platform for optimizing energy storage and on-site power generation for demand-side management and microgrid deployments, which had been acquired by the Enel Group in January 2017.[11]
Notable work
In the summer of 2010, EnerNOC contracted with the Tennessee Valley Authority, the nation's largest public power company, for a 10-year, 560 megawatt demand response contract that represented an addition of 400 MW to TVA's existing deployment of approximately 160 MW with Enel X.[12] Enel X has also performed work for the United States Department of Energy.[13]
References
- "Enel 2018".
- "EnerNoc annual report for FY (2014)" (PDF).
- "Top Demand Response Providers Ranked by Navigant". Energy Manager Today. Retrieved 19 January 2018.
- "Enel Group Completes Acquisition of Leading Us-based Provider of Smart Energy Management Services Enernoc". EnerNOC. 7 August 2017. Retrieved 19 January 2018.
- "Market Watch (EnerNOC IPO poers up 20%)". Archived from the original on 16 February 2013. Retrieved 26 June 2012.
- "GreenBiz (EnerNOC)". Retrieved 26 June 2012.
- Tweed, Katharine. "The Top Five Players in Demand Response". Greentech Media. Retrieved 27 August 2010.
- Associated Press (24 March 2010). "EnerNOC buys SmallFoot to expand customer base". BusinessWeek. Archived from the original on 25 October 2012. Retrieved 27 August 2010.
- "Archived copy". Archived from the original on 1 October 2011. Retrieved 8 July 2011.CS1 maint: archived copy as title (link)
- EnerNOC (22 June 2017). "EnerNOC Enters into an Agreement to be Acquired by the Enel Group for over $300M". GlobeNewswire News Room. Retrieved 2 April 2019.
- "ENEL ACQUIRES US-BASED ENERGY STORAGE SOFTWARE AND PROJECT DEVELOPER DEMAND ENERGY". Retrieved 19 January 2018.
- "EnerNOC, TVA expand energy program". The Boston Globe. 15 June 2010.
- Ricketts, Camille (12 April 2010). "Massachusetts picks EnerNOC to crack down on energy use". VentureBeat. Archived from the original on 15 April 2010. Retrieved 27 August 2010.