Energy Storage News•30 days ago
Digital BESS services M&A: Quinbrook sells optimiser Flexitricity, Fortescue’s analytics provider buys Zitara
- •Consolidation in the digital BESS services market: Fortescue's battery intelligence platform acquired analytics provider Zitara, and Drax acquired optimiser Flexitricity.
- •These acquisitions indicate a growing trend towards integrating sophisticated BESS analytics and optimization capabilities within larger energy companies and asset owners.
- •Developers and large loads should anticipate evolving service offerings, potentially fewer independent providers, and more integrated solutions for maximizing BESS revenue and performance in dynamic energy markets.
m&a