![]() AlsoEnergy will gain earlier visibility into solar plus storage projects through Stem's extensive customer and partner network.įounded in 2007, AlsoEnergy is headquartered in Boulder, Colorado and is a global leader in performance, analytics, monitoring, and control solutions with 32.5 gigawatts (GW) of solar assets under management (AUM) across more than 50 countries. In addition, Stem will offer its smart energy storage solutions to AlsoEnergy's existing front-of-meter and commercial & industrial customers, who generally have limited storage attachment to their solar assets today. The transaction will combine Stem's unique storage optimization capabilities with AlsoEnergy's market-leading solar asset performance monitoring and control software to deliver a compelling one-stop-shop solution for renewable energy projects. Under the terms of the agreement, Stem will acquire, on a cash-free debt-free basis, all the outstanding shares of AlsoEnergy for an aggregate purchase price of $695 million, consisting of approximately 75 percent of the total consideration in cash and approximately 25 percent in Stem common stock. ![]() EP Cube the First Modular Residential Battery System.Solar Water Pumps – a Way Towards Improving the Drinking Water, Sanitation and Hygiene Services in Rural Schools.81 Inverters for 10 MW: SMA Equips Australia`s Largest PV Rooftop Solar System.Powering Pleasanton Corporate Commons With Clean Energy. ![]()
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