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Deal announced Dec 2015 · Houston Verified

Direct Energy (Centrica) to acquire Panoramic Power for $60 million

Direct Energy, through parent company Centrica, agreed to acquire device-level energy management provider Panoramic Power for $60 million to expand its commercial and industrial energy monitoring offering.

“Direct Energy, one of North America’s largest energy and energy-related services companies, through its parent company Centrica, has agreed to acquire Panoramic Power, a leading provider of device-level energy management solutions, for $60 million.”

Entities

Centrica · Parent Direct Energy · Acquirer Panoramic Power · Target
Other Sentiment: Positive

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