EnerNOC Buys Energy Response

7/6/11

EnerNOC (NASDAQ: ENOC), the Boston-based provider of energy management and demand response technology, announced today that it has acquired Energy Response, the largest demand response provider in Australia and New Zealand. The deal helps EnerNOC expand its presence in those markets and gives Energy Response customers access to EnerNOC’s applications. The announcement did not reveal how much EnerNOC paid for the company, but noted that the purchase will likely be be dilutive to EnerNOC earnings in 2011 and 2012, and accretive beginning in 2013.

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  • http://www.hbaker.com Hugh

    My sources said that they paid approximately $30 million Australian. Estimated load under control in Australia is about 250 MW.