Was 2017 the Year Global Energy Giants Went All-In on the Distributed Energy Revolution?

By District Energy posted 22 days ago

  

Jeff St. John, Greentech Media

Summary

It's been an interesting year for mergers and acquisitions in the distributed energy space, with some unexpected developments.

We haven't seen the same massive M&A deals of years past, such as GE’s purchase of Alstom or Honeywell’s acquisition of Elster -- although Tuesday's announcement that smart metering and utility software provider Aclara was being sold for $1.1 billion to Hubbell Inc. helped bring this year's total closer to the peaks of the past. 

But when you look at the activity in 2017, a pattern emerges.

Over the past year, we’ve seen a number of major European energy companies -- and some Japanese, American and Israeli ones as well -- buy into the proposition that providing distributed energy technologies and services to their customers will be a significant part of their futures. 

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