Generac (GNRC) Bolsters Energy Portfolio With Ageto Buyout
GNRCGenerac (GNRC) ZACKS·2024-08-06 21:16

Generac Holdings Inc (GNRC) recently announced the acquisition of Ageto. The buyout, which was officially settled on Aug 1, 2024, is likely to boost Generac’s position in the commercial & industrial (C&I) market.Ageto is known for its cutting-edge microgrid controllers, which are specifically engineered to optimize the performance of various energy resources, including renewable energy sources and electric vehicle chargers. These controllers empower users to coordinate, optimize and supervise all microgrid ...