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April 19, 2015 11:06 AM ET

Construction and Engineering

Company Overview of Tangent Energy Solutions, Inc.

Company Overview

Tangent Energy Solutions, Inc. designs, constructs, and finances renewable energy projects. The company also operates and maintains energy projects; and provides energy strategy, evaluation, procurement, operations, and support services for commercial, industrial, and institutional customers; and utility and energy suppliers. In addition, it manages utility-sized infrastructure and customer loads. Tangent Energy Solutions, Inc. was founded in 2009 and is based in Kennett Square, Pennsylvania.

206 Gale Lane

Suite C

Kennett Square, PA 19348

United States

Founded in 2009

Phone:

610-444-2800

Fax:

610-444-2822

Key Executives for Tangent Energy Solutions, Inc.

Chief Executive Officer, President and Director
Age: 52
Chief Financial Officer
Age: 46
Chief Operating Officer
Vice President of Project Finance & Legal
Vice President of Solar Sales & Development
Compensation as of Fiscal Year 2014.

Tangent Energy Solutions, Inc. Key Developments

Cummins and Tangent Energy Partner to Launch eDGegen™ Series Power Platform

Cummins Inc. and Tangent Energy Solutions are partnering to bundle clean diesel and natural gas generators with a Distributed Energy Resource Management System (DERMS) helping commercial and industrial customers manage energy consumption on the grid while reducing their costs. The partnership of Cummins and Tangent will make it easier for customers to dispatch generators during times of peak demand when costs on the energy grid are higher. eDGegen™ -- powered by Cummins® consists of a Cummins clean diesel or natural gas engine equipped with a suite of integrated technology and managed services provided by Tangent. The DERMS technology platform, Tangent AMP™, predicts and alerts customers ahead of peak demand periods and other economic opportunities on the energy grid. The managed service, Demand Design PLUS™, activates generator power and/or demand management strategies when energy grid capacity and prices are at their peak. Market factors, including power plant retirements and lower natural gas prices, are predicted to increase the industry’s reliance on customer-side energy resources to provide power and balance volatility on the energy grid. This shift toward the “grid edge” creates more economic opportunities for customers that are equipped to recognize and respond to market signals. At the same time these opportunities cannot interfere with the normal operation of customer energy systems. The eDGegen™ - powered by Cummins® product line consists of four generator-DERMS integrated power platforms ranging from 750kW to 2.0MW. These systems are designed to reduce customer capacity charges and other costs that arise during periods of peak energy demand or when premium charges apply. eDGegen™ - powered by Cummins™ will be rolled out to customers primarily through Tangent’s growing network of energy retailer and municipal utility partners who have an interest in reducing demand peaks and better integrating with customer assets.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 15, 2014
Tangent Energy Solutions, 23 MW Fayetteville Solar Facility in Bladen
 

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