2023-03-07 08:30:30 ET
- Generac Power Systems ( NYSE: GNRC ) announced on Tuesday a strategic minority investment in EV load management software provider, Rolling Energy Resources.
- The investment closed on March 3, 2023 terms of which were not disclosed.
- Generac Grid Services ( GNRC ) has been working together with Rolling Energy to provide utilities and consumers with EV load management solutions for charge monitoring, behavioral demand response, and automated smart charging through direct-to-vehicle communications.
- As a part of the investment, a Generac member will join the Rolling Energy's board of directors.
For further details see:
Generac makes minority investment in Rolling Energy Resources