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May 23, 2015 2:18 AM ET


Company Overview of Innovari, Inc.

Company Overview

Innovari, Inc. provides energy solutions for the utility industry in the United States and internationally. The company offers Interactive Energy Platform that lowers costs and improves building and financial performance with energy portfolio management; and drives standard programs across user portfolio regardless of site locations or the individual utility service provider. Its Interactive Energy Platform includes verifiable demand side management, grid system optimization, distributed energy resources integration, and customer engagement solutions. The company was incorporated in 2011 and is based in Austin, Texas with an additional office in Colombia.

2900 North Quinlan Park Road

Suite B240


Austin, TX 78732

United States

Founded in 2011





Key Executives for Innovari, Inc.

Founder, Chief Executive Officer, President and Director
Chief Financial Officer
Chief of Utility Operations
President of India & Asia Sales & Business Development
President of Innovari Latin America
Compensation as of Fiscal Year 2014.

Innovari, Inc. Key Developments

Innovari Expands International Operations; Appoints Manuel Arancibia as President of Innovari Latin America

Innovari has appointed Manuel Arancibia as president of Innovari Latin America in conjunction with the opening of its Colombia office. The expansion supports the growth of the company's Latin American operations, and enables customers to benefit from the expertise and localized access of sales and technical support critical to the launch of Innovari's Interactive Energy Platform (IEP) projects. Arancibia brings a decade of business development, financial analysis and operations experience in the utility sector. He has worked with leading U.S. companies, ranging from conventional generation, to electricity demand and renewable technologies. Most recently, he has helped a Portuguese utility expand their commercial operations in the U.S. by growing a wind generation portfolio from six to 30 wind farms, with a total of 3,700 MW of wind generation under management. He previously served as the director of energy sales and structuring for EDP Renewables North America and the commercial transactor for Exelon Generation Company.

Innovari, Inc. Extends Latin American Reach with Initial Phase Launch in Uruguay

Innovari announced the launch of an initial phase for a demand side management project with National Administration of Power Plants and Electrical Transmissions (UTE). This launch continues to support Innovari's global growth strategy and help improve the way the world uses energy. Innovari's Interactive Energy Platformâ„¢ was recently deployed on-site at one of the large vacation resort customers within UTE's service territory to support automated demand side management programs that increase system reliability and improve overall system utilization. Deploying Innovari's Interactive Energy Platform at scale will result in large improvements in overall system utilization and reliability. Not only will the platform benefit the utility's load curve agility, but the customer will gain the benefits of visibility and control into their energy usage and be able to achieve lower energy costs.

Innovari Signs MoU With Reliance Energy To Expand Automated Demand Side Management

Innovari signed an MoU with Reliance Energy during President Obama's visit to India to expand Automated Demand Side Management.

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