Johnson Controls completes acquisition of EnergyConnect
The acquisition enables Johnson Controls to help building owners and operators manage how much energy their buildings consume and when the energy is consumed
Milwaukee, July 5, 2011 — Johnson Controls completed the previously announced acquisition of EnergyConnect Group, Inc., a provider of smart grid demand response services and technologies. The acquisition was completed on July, 1, 2011.
The acquisition enables Johnson Controls to help building owners and operators manage how much energy their buildings consume and when the energy is consumed — a critical feature of connecting smart buildings to the smart grid.
Demand response refers to changes in electricity usage for buildings based on capacity, price or reliability signals from the electric grid.
EnergyConnect's demand response technology and service platform provides energy managers and facility operators real-time energy information and access to energy markets, enabling them to manage their energy usage. EnergyConnect's GridConnect technology platform provides a scalable, cost-effective, clean technology to enhance the grid's efficiency and reliability.
Evans will continue to lead the EnergyConnect team as vice president and general manager for Demand Response Services for Johnson Controls Building Efficiency.
The EnergyConnect acquisition enhances Johnson Controls' Building Efficiency business as a demand response leader in the large commercial, industrial and institutional markets. Johnson Controls helps its customers reduce energy and operational costs by providing building management solutions. The additional products and services from EnergyConnect broaden Johnson Controls' portfolio of energy solutions offerings.