Generac Power Systems has acquired Ageto, a provider of microgrid controllers in the commercial and industrial (C&I) market. The transaction closed on August 1, 2024. Terms of the deal were not disclosed.
“This acquisition enhances our ability to offer a complete energy technology ecosystem to domestic C&I customers with multi-asset sites,” said Erik Wilde, EVP and president, Domestic C&I at Generac. “By integrating Ageto’s industry-leading microgrid controller and advanced software into our systems, we’re simplifying asset integration, control and optimization for our customers and creating a competitive advantage for Generac.”
Generac has worked with Ageto since 2021, incorporating the microgrid controllers into Generac’s BESS solutions and generator sets.
Ageto’s microgrid controller helps enable users to coordinate, optimize, and monitor all components of their microgrid from one simple interface. Combining Ageto’s software solution with Generac’s BESS and microgrid multi-asset systems provides site-level system integration and control vs. hardware only.
News item from Generac
