AVANGRID and PNM Resources Announce Merger Plans

AVANGRID, a leading sustainable energy company, and PNM Resources announced today that their respective boards have approved the merger of PNM Resources into AVANGRID. Ignacio Galán, chairman of AVANGRID and chairman of IBERDROLA Group, said, "This transaction is a consequence of the IBERDROLA Group’s disciplined strategy followed over more than 20 years. This is a friendly transaction, focused on regulated businesses and renewables in highly rated states with legal and regulatory stability and predictability offering future growth opportunities."

AVANGRID and PNM Resources Announce Merger Plans

AVANGRID, a leading sustainable energy company, and PNM Resources announced today that their respective boards have approved the merger of PNM Resources into AVANGRID. Ignacio Galán, chairman of AVANGRID and chairman of IBERDROLA Group, said, "This transaction is a consequence of the IBERDROLA Group’s disciplined strategy followed over more than 20 years. This is a friendly transaction, focused on regulated businesses and renewables in highly rated states with legal and regulatory stability and predictability offering future growth opportunities."

Energy Efficiency Leader Redaptive Secures $156.5 Million in Funding Led By CarVal Investors

Redaptive Inc., a leading provider of Efficiency-as-a-Service solutions for commercial and industrial customers, announced today it has closed $156.5 million in funding led by CarVal Investors. Existing investors CBRE, Engie New Ventures, Evergy Ventures and Linse Capital also invested in the company alongside CarVal. Redaptive will leverage this operating capital to expand its energy efficiency offerings to meet growing demand from existing and new customers.

La mejora de la capacidad de almacenamiento de electricidad está desempeñando un papel fundamental en la transición a las tecnologías de energía limpia. La Oficina Europea de Patentes (OEP) y la Agencia Internacional de la Energía han analizado como avanza este sector en función de las patentes obtenidas entre 2005 y 2018 y así han podido comprobar que el patentamiento de almacenamiento en baterías y en otras tecnologías ha crecido a lo largo de esos año a una tasa media anual del 14% en todo el mundo. Cuatro veces más rápido que la media de todos los campos tecnológicos.