CPower acquired all the demand response assets of Buffalo, New York-based Demand Response Partners.
The acquisition is part of CPower’s strategy to expand its footprint in the New York ISO market and grow its nationwide demand response portfolio organically and through acquisition.
By excluding the DRP energy supply brokering business from the acquisition, CPower is honoring its commitment to work with, and not compete against, independent energy supply brokers and consultants.
Since its formation in 2008, DRP has been a pioneer in the New York Independent System Operator’s (NYISO) Demand Side Ancillary Service Program (DSASP) by being the first market participant to successfully enroll demand response resources in the 10-minute synchronous reserve capacity market in 2012.
CPower is a provider of demand side management services to commercial and industrial customers in the U.S., with 25+ years of knowledge and experience in helping customers implement intelligent energy management programs.