M&A Deal Summary

Enel Acquires EnerNOC

On June 22, 2017, Enel acquired software company EnerNOC for 300M USD

Acquisition Highlights
  • This is Enel’s 1st transaction in the Software sector.
  • This is Enel’s 2nd largest (disclosed) transaction.
  • This is Enel’s 1st transaction in the United States.
  • This is Enel’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2017-06-22
Target EnerNOC
Sector Software
Buyer(s) Enel
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

EnerNOC

Boston, Massachusetts, United States
EnerNOC, Inc. is a provider of energy intelligence software and related solutions. EnerNOC unlocks the full value of energy management for utility and commercial, institutional, and industrial customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions.

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Buyer(S) 1

Buyer

Enel

Rome, Italy
Category Company
Founded 1962
Sector Utilities
Employees60,905
Revenue 92.9B EUR (2023)
DESCRIPTION

Enel is an electric utility operator. The Company is engaged in the generation, distribution and sale of electricity primarily in Europe. Enel was founded in 1962 and is based in Rome, Italy.

DEAL STATS #
Overall 4 of 7
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 5
State (Massachusetts) 1 of 1
Country (United States) 1 of 3
Year (2017) 2 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-05 Amec Foster Wheeler Italiana S.r.l.

Corsico, Italy

Amec Foster Wheeler Italiana S.r.l. is the owner of two wind farms in Italy’s southern region of Campania with a total installed capacity of 54.5 MW. The two plants, which generate approximately 90 GWh per year, are located in the municipalities of Vallesaccarda (22.5 MW) and Scampitella (32 MW), in the province of Avellino and they have been in operation since 2006 and 2008 respectively.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-25 Electric Motor Werks

San Carlos, California, United States

Electric Motor Werks, Inc. ( eMotorWerks) is a North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities. Through the JuiceNet platform, these facilities can be remotely controlled and aggregated for grid balancing purposes relying on unidirectional and bidirectional (vehicle-to-grid, V2G) electricity flows.

Buy -
Mergr

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