Posts Tagged ‘Summit Energy’
Schneider’s $268M Acquisition of Summit Energy Tightens EECA Market
March 25th, 2011
In a bid to strengthen its position in energy management services, Schneider Electric plans to acquire energy procurement and sustainability services company Summit Energy Services Inc. for $268 million. Schneider Electric, headquartered in Rueil-Malmaison, France, announced yesterday that it had reached an agreement to purchase Summit Energy, based in Louisville, Ken. The transaction, which is subject to regulatory approval and closing conditions, is the second major deal announced this week involving companies working to make the built environment more energy efficient, smarter and better connected. Find more…
Tags: Energy, Summit Energy
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