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Stem to Acquire Solar Asset Software Service Provider AlsoEnergy for $695 Million

The acquisition is expected to expand the combined company’s footprint to over 50 countries

December 17, 2021

/ Harsh Shukla
/ Finance and M&A, Other
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Stem, a U.S.-based artificial intelligence-driven (AI) energy storage software and services provider, has entered into a definitive agreement to acquire AlsoEnergy, a U.S.-based solar asset management software provider, in a stock and cash transaction.

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Harsh Shukla

More articles from Harsh Shukla.
AcquisitionAIAlso EnergyDataSolarSTEMStorage
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