Climate Changed
Tantalus Buys Energate, Expanding Utilities' Smart Grid Services
- Acquisition gives customers access to more granular data
- Tantalus declines to disclose purchase price of Energate
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Tantalus Systems Corp., a closely held, British Columbia-based technology supplier that helps utilities manage their power systems, has bought a firm that’ll help them monitor and control their customers’ energy use, too.
The purchase of Ontario-based Energate Inc. gives Tantalus clients access to information about power demand inside homes and businesses. Utilities will have data so granular that they’ll know how customers are using large appliances, allowing them to better manage demand on their systems.