PowerGEM Acquires Astrapé Consulting
April 30, 2024
PowerGEM, LLC has acquired Astrapé Consulting to combine complementary software and consulting capabilities for power grid reliability, market modeling and resource adequacy. The combined company — led by new CEO Joe DeMatteo with Astrapé founders remaining in executive roles — will offer expanded software (TARA, PROBE, SERVM) and technical services to North American system operators, utilities and developers.
- Buyers
- PowerGEM, LLC
- Targets
- Astrapé Consulting
- Industry
- Energy
- Location
- Alabama, United States
- Transaction Type
- Buyout
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