Genergy, a provider of electrical distribution infrastructure management services, has acquired Utility Research Associates (URA), a provider of utility building, utility data management and sub-metering services for commercial real estate owners.
The acquisition expands Genergy’s utility data services portfolio, while providing URA’s clients with access to a broader portfolio of engineering, infrastructure management, compliance, energy procurement and technology solutions.
Genergy delivers comprehensive electrical distribution infrastructure management services, including electrical distribution engineering, power grid identification (PGI) studies, infrastructure testing and maintenance, sub-metering system design and turnkey deployment, utility billing and data services, Local Law compliance, demand response, energy procurement and advanced infrastructure analytics for commercial, institutional and residential property owners.
“Selecting the right organization to continue serving our clients was my highest priority,” said Dick Simon, president and owner of URA. “Genergy shares our commitment to customer service, while bringing engineering capabilities, technology investments and operational resources that will enhance the value delivered to every client. I am confident our customers will benefit from expanded services, continued innovation and a long-term commitment to excellence.”
URA’s clients will also gain access to UM2.0, Genergy’s proprietary utility and
infrastructure intelligence platform, which integrates utility data, electrical infrastructure intelligence, engineering, advanced analytics and artificial intelligence to provide building owners with unprecedented visibility into the performance, compliance, operational efficiency and financial optimization of their electrical distribution infrastructure.
“This acquisition is about creating greater value for URA’s clients,” said Dario Gristina, founder and CEO of Genergy. “Utility Research Associates is known for its dependable utility billing services and exceptional customer support. By merging URA’s trusted client relationships with Genergy’s engineering expertise, expanded infrastructure services, and UM2.0 technology platform, we are creating one of the industry’s most comprehensive Electrical Distribution Infrastructure Management organizations.”
The acquisition is supported by the Tarte Family Office, Genergy’s strategic financial partner. Evan Tarte, chief financial officer of Genergy, will help lead the company’s continued growth through strategic acquisitions, technology investments and operational expansion.
