E Source Acquires CF Power

E Source Acquires Distributed Energy Financial Group (DEFG)

July 14, 2022

Consulting

E Source, a utility-focused data and solution services platform owned by Align Capital Partners, has acquired Distributed Energy Financial Group (DEFG), a utility customer research and advisory firm specializing in low‑income, equity and customer experience. The add-on expands E Source’s capabilities in energy equity and customer engagement, positioning the company as a leader in equity solutions for utilities.

E Source Acquires AAC Utility Partners

January 4, 2022

Utilities

E Source, a provider of research, data science and consulting for North American utilities, has acquired AAC Utility Partners, a Columbia, South Carolina-based vendor-independent consulting firm that specializes in customer information systems (CIS), program management and cloud consulting for utilities. The transaction is an add-on to E Source's Technology Planning and Implementation (TPI) business unit and is intended to expand the company's implementation, CIS and cloud capabilities for electric, gas, water and wastewater utilities.

E Source Acquires Cairn ERA

October 26, 2021

Energy

E Source has acquired Cairn ERA, a global market intelligence and consulting firm specializing in battery storage, to expand its analytics and advisory offerings for utilities and energy developers. The deal, announced by E Source (owned by Align Capital Partners), adds Cairn ERA’s battery expertise to E Source’s suite of data-driven solutions for US and Canadian utilities.

E Source Acquires UMS Group

November 28, 2023

Energy

E Source, the Align Capital Partners-backed utility market intelligence and data-science platform, has acquired UMS Group, a utility management consulting firm. The add-on strengthens E Source’s consulting capabilities in areas such as wildfire risk reduction, asset management, renewable integration and advanced AI modeling for utilities.

E Source Acquires Opinion Dynamics

August 19, 2025

Utilities

E Source, a utilities-focused company backed by Align Capital Partners, has acquired Opinion Dynamics to strengthen its program evaluation, research, and advisory capabilities for utilities. The acquisition expands E Source's ability to deliver end-to-end utility customer and grid-edge solutions—particularly in areas like energy efficiency, electrification, decarbonization, and load flexibility.

E Source Acquires Utilligent

September 18, 2023

Consulting

E Source, a utility market intelligence and solution services platform backed by Align Capital Partners, has acquired Utilligent, an operations and technology management consulting firm serving electric, gas, and water utilities. The add-on expands E Source's capabilities in smart infrastructure, data transformation, program execution, and customer engagement, and increases E Source's headcount by roughly 30%.