Duke Energy Acquires Majority Stake in Energy Management Company
Phoenix Energy Technologies monitors and controls energy usage at an enterprise level
CHARLOTTE, N.C. — Duke Energy, one of the nation’s largest electric utilities, has acquired a majority share of Phoenix Energy Technologies (PhoenixET), a provider of energy management systems and services for commercial customers. The terms of the deal were not disclosed.
PhoenixET, based in Irvine, Calif., monitors and controls energy usage at an enterprise level.