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GE Digital to acquire Opus One to advance energy transition [free access]

December 22, 2021

GE Digital has entered into an agreement to acquire Opus One Solutions Energy Corporation (Opus One), a software company that helps electric utilities optimise energy planning, operations, and market management.

 

The pairing of Opus One's renewable energy planning capabilities with GE Digital's network management and optimisation portfolio will assist utilities in making decisions about how to integrate renewables and distributed energy resources (DER) at scale throughout the electric grid. The combined software solutions will help transmission, distribution, and market operators by allowing them to plan, manage, optimise, and trade renewables and DERs to enable a modern grid that is reliable, sustainable, and affordable. The terms of the deal have not been not disclosed.

 

The transaction is expected to close by end-January 2022.