Featured news articleCan virtual power plants relieve PJM’s price problem?PJM Interconnection’s most recent capacity auction moved money like a Princess Diana bear at the height of the Beanie Baby craze. Read article
Read moreDec 16, 2021Voltus and WattTime Partner to Maximize the Emissions Reduction Benefits of Distributed Energy ResourcesSAN FRANCISCO & OAKLAND--(BUSINESS WIRE)--Voltus, Inc., the leading distributed energy resource (DER) software technology platform, announces today its partnership with energy technology solutions provider WattTime. With access to WattTime’s cutting-edge technology, Voltus can...
Read moreDec 3, 2021Voltus launches $1.3B SPAC to help businesses reshape their power use and ease grid stressGregg Dixon, CEO of Voltus, sees an enormous opportunity to link distributed energy resources, or DERs for short, to wholesale energy markets across the U.S. and Canada — and he says his company has the technology and expertise to do it. On Wednesday, Voltus announced plans to go public via...
Read moreDec 1, 2021Broadscale Acquisition Corp.'s warrants pop 15% on SPAC deal for energy-software firm VoltusBroadscale Acquisition Corp.'s warrants (NASDAQ:SCLEW) rallied some 15% Wednesday on word that the SPAC plans to take energy-software firm Voltus Inc. public at a $1.3B valuation in a deal that includes backing from Twitter co-founder Evan Williams.
Read moreDec 1, 2021Broadscale Acquisition Corp. (SCLE) to Combine with Voltus in $816M DealBroadscale Acquisition Corp. (NASDAQ:SCLE) has entered into a definitive agreement to combine with software engineering platform Voltus at an enterprise value of $816 million, or about 4.8x its 2023E revenue. The San Francisco-based company provides a platform that connects distributed energy resour
Read moreDec 1, 2021Electricity-Market Tech Platform Voltus Going Public In $1.3 Bln SPAC Deal - WSJBroadscale Acquisition Corp - Ordinary Shares - Class A (SCLE) - Electricity-market Tech Platform Voltus Going Public in $1.3 Billion Spac Deal - Wsj. As Part of Merger With Broadscale Acquisition Corp., Voltus is Raising a $100 Million Private Investment in Public Equity - Wsj.
Read moreDec 1, 2021LATHAM & WATKINS ADVISES VOLTUS IN US$1.3 BILLION DESPAC TRANSACTION WITH BROADSCALE ACQUISITION CORP.Voltus, Inc., the leading software technology platform monetizing Distributed Energy Resources (DERs), and Broadscale Acquisition Corp., a publicly-traded special purpose acquisition company, have announced a definitive agreement for a business combination that will result in Voltus becoming the ...
Read moreDec 1, 2021North American Morning Briefing: Stock Futures, Oil Rise, Pointing to More Seesaw MovesStock futures and oil prices rose Wednesday, suggesting markets would claw back some losses sparked by worries over the Omicron variant and the unwinding of Federal Reserve stimulus. Investors have little to go on as they assess whether the variant will lead to renewed restrictions in the U.S. and..
Read moreDec 1, 2021Software firm Voltus to go public in $1.3B SPAC dealSan Francisco-based company, Voltus Inc. will go public in a $1.3 billion-worth merger with a special-purpose acquisition company (SPAC) named Broadscale Acquisition Corporation, the two firms said on Wednesday. The move will allow Voltus to further grow its flagship distributed energy resources...
Read moreDec 1, 2021Software firm Voltus to go public in $1.3B SPAC dealSan Francisco-based company, Voltus Inc. will go public in a $1.3 billion-worth merger with a special-purpose acquisition company (SPAC) named Broadscale Acquisition Corporation, the two firms said on Wednesday. The move will allow Voltus to further grow its flagship distributed energy resources (D
Read moreDec 1, 2021The future of the metaverse depends on tech companies avoiding past pitfallsThe metaverse is all the rage in tech at the moment. But as companies including Facebook (now Meta) turn their attention to making the virtual world a more central part of our daily lives, it comes with darker considerations.