Entelios is Germany’s first Demand Response aggregator and solution provider, pooling electrical loads of commercial and industrial energy users. Entelios builds and operates „virtual power plants“. Entelios markets the aggregated capacity to grid operators or provides Demand Response services to utilities.
Exit since Feb. 2014. Purchaser: EnerNOC, Inc.
EnerNOC Acquires Leading European Demand Response Company Entelios AG
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that it has acquired Entelios AG, a leading provider of demand response in Europe. This acquisition accelerates EnerNOC’s entry into continental Europe with Entelios’ strong team and existing relationships with leading grid operators, utilities, retailers, and commercial, institutional, and industrial customers. In 2010 High-Tech Gruenderfonds (HTGF) invested in Entelios. Together
Demand Response provider Entelios completes successful fundraising
Entelios AG, a European energy company, today announces the successful completion of its Series A financing round. The round was led by Yellow&Blue Investment Management, a Dutch clean energy investor, and High-Tech Gründerfonds, a German venture capital investor. Established in 2010, Munich-based Entelios is the first nationwide “Demand Response” aggregator and service provider. It has since taken a market leading position. Commenting on the fundraising, Oliver Stahl, founder and CE
Info & Contact
- Oliver Stahl
- +49 89 552 9968-0
19. Jan 2011 – 13. Feb 2014