Gridspertise Acquires Energyworx to Enhance Energy Data Management

Gridspertise has completed the acquisition of Energyworx, a pioneer in cloud-based Energy Data Management solutions, announced in a press release. This strategic move aims to enhance Gridspertise's digital solutions portfolio and strengthen its market position in grid modernization.

The acquisition involves Gridspertise acquiring the entire share capital of Energyworx from its shareholders, including EDP Ventures, SET Ventures, and OWV Beheer B.V. The integration of Energyworx's capabilities will allow Gridspertise to manage high-volume smart metering and sensor data in real time, providing significant added value to its customers.

Robert Denda, CEO of Gridspertise, highlighted that this acquisition marks a milestone in their growth strategy, as it brings field-proven Energy & Metering Data Management capabilities to their offerings. Marcel E. Smit, CEO of Energyworx, expressed enthusiasm about scaling their innovative solutions to a global audience through this partnership.