Macquarie Asset Management Completes Acquisition of Enel X Storage

Philip Martin

Macquarie Asset Management has completed the 100% interest acquisition of Enel X Storage (Enel DES) from Enel X North America through its portfolio company, Calibrant Energy.

About the Companies

Calibrant and Enel DES both specialize in originating, developing, owning, and operating distributed energy technologies, including battery storage (BESS), solar PV, microgrids, and electric transport infrastructure.

Expert Insight

“We are thrilled to welcome the talented Enel DES team to Calibrant,” says Philip Martin, CEO of Calibrant Energy. “Enel DES has a proven track record of delivering innovative clean energy solutions to clients. Together, we will continue to meet the evolving needs of large power users by offering scalable solutions that simplify the path to decarbonization, combat rising energy costs and price volatility, and achieve enhanced resiliency.”

The Future of Clean Energy

The combined company will be well-positioned to deliver comprehensive and sustainable energy solutions to customers. The acquisition is a significant step towards achieving Macquarie Asset Management’s vision of creating a more resilient and sustainable energy future.

Conclusion

The completion of this acquisition marks a significant milestone in the company’s growth journey. By combining the expertise and strengths of Calibrant Energy and Enel DES, the company will be able to deliver innovative and efficient energy solutions that meet the evolving needs of customers.

Frequently Asked Questions

* What does the acquisition entail?
+ Calibrant Energy has acquired Enel X Storage’s 100% interest.
* What does Enel X Storage do?
+ Enel X Storage originates, develops, owns, and operates distributed energy technologies, including battery storage (BESS), solar PV, microgrids, and electric transport infrastructure.
* Who is behind the acquisition?
+ Macquarie Asset Management is the parent company that owns Calibrant Energy.