With the addition of the PV monitoring and data analytics company, Genscape -- part of the Daily Mail and General Trust plc conglomerate -- will expand its operations into the burgeoning solar sector.
Leading energy monitoring group Genscape has acquired PV performance monitoring and data analytics company Locus Energy in an effort to expand its core business into the solar sector and broaden its customer base.
As a leading provider of energy data and intelligence, the addition of Locus’ solar PV monitoring business to Genscape’s existing assets “will deliver exceptional value to a broader set of end-users and customers,” the Kentucky-based company added.
“The timing couldn’t be better,” said Locus Energy CEO Michael Herzig. “We share the same core value of delivering a customer experience that is second to none, combined with exceptional long-term financial security.”