We are thrilled to announce that Kapacity.io has been acquired by EnergyHub, North America's largest provider of residential flexibility solutions, marking a significant milestone in our journey toward enabling smarter, more sustainable energy systems! This strategic move is an exciting opportunity to leverage EnergyHub's expertise and resources to better serve our customers and partners.
EnergyHub has deep experience helping utilities quickly scale virtual power plants (VPPs) to manage load growth and renewables, delivering reliable flexibility at every level of the grid. EnergyHub’s edge distributed energy resource management system (DERMS) manages more than 1.4 million distributed energy resources (DERs) including thermostats, electric vehicles, batteries, and more across over 100 utility programs in the United States and Canada. Those programs deliver 2 GW of flexible capacity, equivalent to the power generated by two nuclear power plants.
👉 See our joint press release.
👉 Learn more about EnergyHub and the company’s impact.
A message from our CEO, Jaakko Rauhala
“This partnership opens exciting new avenues for our technology,” said Jaakko Rauhala, co-founder and CEO at Kapacity.io. “With EnergyHub’s support, we’re poised to grow our capabilities, broaden our retailer and DER partnerships across Europe, and deliver a better customer experience while contributing to a more efficient, decarbonized power grid. Kapacity.io was founded to enable 100% renewable power systems, and we couldn’t be more excited to accelerate our work with EnergyHub’s backing.”
Questions and answers about the acquisition
How does joining EnergyHub fit with Kapacity.io’s vision and mission?
Kapacity.io and EnergyHub share the same vision: enabling a carbon-free, distributed energy future by integrating any customer or device with the grid to provide flexibility and reliability. Together, we aim to expand the impact of smart energy systems across Europe
How will Kapacity.io change after this acquisition?
Our team will remain in their current roles, operating from our main hub in Helsinki while collaborating closely with EnergyHub’s team in North America. The Kapacity.io team will continue to support and develop all existing software functionality while exploring ways to enhance our offering by leveraging EnergyHub’s software expertise and experience growing North America’s largest VPPs.
What are the main benefits for Kapacity.io’s users, customers, and partners?
This partnership allows Kapacity.io to:
- Refocus resources on improving our product and customer experience, backed by EnergyHub’s playbook for scaling customer-centric programs.
- Expand internationally, targeting retailers and suppliers across Europe.
- Leverage EnergyHub’s expertise in developing VPPs for utilities and markets, while exploring future opportunities in other DER types like EVs and residential batteries.
Why is this beneficial for Kapacity.io and EnergyHub?
Both Kapacity.io and EnergyHub are technology-driven companies focused on scaling innovative solutions that help decarbonize our energy system. This shared ambition motivates and aligns both teams, ensuring a seamless collaboration.
What’s Next?
This acquisition is the beginning of an exciting new chapter. Together with EnergyHub, we’re committed to delivering smarter energy solutions, driving impact for our partners, and making renewable energy systems more accessible and efficient.
Thank you for being part of this journey—we can’t wait to see what we’ll achieve together!
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