UL Acquires Clear Sky Analytics

May 17, 2021

UL acquired the proprietary software platform and related assets of Clear Sky Analytics, a solar performance analytics company, and welcomed co-founders Ajay Saproo and John Corson to UL. The deal expands UL's renewables capabilities by adding Clear Sky's prescriptive solar-plant performance analytics to UL's advisory, testing, inspection and certification services. Terms were not disclosed and the transaction closed May 17, 2021.

Buyers
UL
Targets
Clear Sky Analytics
Industry
Energy
Location
California, United States
Transaction Type
Buyout

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