Radius Mechanical Acquires National Grid's Energy Management Business

October 11, 2023

Radius Mechanical, a New Rochelle-based commercial mechanical services firm, acquired National Grid's Energy Management business (NGEM) from National Grid in a divestiture. The deal transfers NGEM's portfolio of long-term commercial and municipal energy plant operations and maintenance contracts — including work for NYCHA and several Fortune 500 clients — to Radius; terms were not disclosed.

Buyers
Radius Mechanical
Targets
National Grid Energy Management
Sellers
National Grid
Industry
Energy
Location
New York, United States
Transaction Type
Divestiture

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