Enverus Acquires RatedPower
09.15.22
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The Firm represented Enverus, an energy SaaS company, in its acquisition of Madrid-based RatedPower, a SaaS company developing solutions that automate and optimize the feasibility study, analysis, design and engineering of solar power plants and electrical infrastructure to maximize the potential of photovoltaic plants and reduce their Levelized Cost of Energy. Financial terms of the transaction were not disclosed.
Enverus is a leading energy-dedicated SaaS platform, offering real-time access to analytics, insights and benchmark cost and revenue data, sourced from its partnerships to 98% of U.S. energy producers and more than 35,000 suppliers.
The Simpson Thacher team included Michael Kaplan, Koh Tanimoto and Will McKenna (M&A); and Sophie Staples and Lina Pan (Tax).