Jeff St. John, Greentech Media
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.