Colorado-based start-ups Simple Energy and Tendril have merged to create Uplight, a one-stop shop software platform for utilities’ customer-facing software needs, with ESS industry player AES Corporation taking a stake in the new company as a “strategic partner”.
The merger with Simple Energy is the latest in a rapid period of growth for Tendril, precipitated by securing a majority investment from American private equity firm Rubicon Technology Partners in December 2018. The home energy management start-up has since acquired FirstFuel Software, Energy Savvy and EEme.
The new company claims to be the first to unite all key solutions for delivery, management and optimisation of the customer energy experience, by bringing together leaders in utility-branded marketplaces, demand-side management, analytics and utility customer experience personalisation.
Uplight already provides software to more than 75 utility clients across 40 states, according to a company statement.
Rubicon Technology Partners will be the majority stakeholder in the combined company, while AES Corporation also has a significant stake; the Fortune 500 company was Simple Energy’s largest shareholder and made a US$53 million strategic investment in the new company as part of the merger.
The energy storage technology provider and system integrator emailed Energy-Storage.news with a statement that it has already used Uplight’s platforms in demand response and energy efficiency programmes and that “the AES teams that develop community solar and energy storage solutions will be working with Uplight to enhance their solution offerings around those technologies”.
Adrian Tuck, formerly CEO of Tendril, will be CEO at Uplight.
Also this week, British software company Smarter Grid Solutions (SGS) has also been finetuning its offering. It unveiled the advanced version of its popular distributed energy resource management system (DERMS) software ANM Strata on June 12. Equipped with advanced tools for data analytics, visualisation and application programming interfaces (APIs), ANM Strata 2.0 has the ability to connect to other software systems at utilities and the operators of distributed energy resources (DERs).
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