Uplight — grid flexibility SaaS platform serving 85+ utilities (8 of 10 largest US utilities), 8.5 GW flexible load under management
Octopus Energy Group acquires majority stake in Uplight, the leading North American demand flexibility platform serving 85+ utilities including 8 of 10 largest US utilities. Uplight manages 8.5 GW of flexible load and delivered $65.9M in customer savings in 2025. Schneider Electric remains as significant minority partner. Transaction subject to regulatory approval. Evercore served as Uplight's exclusive financial advisor.
Other
Technology
CO
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Uplight
- Buyer / Financier
- Octopus Energy Group
- Deal Value
- Undisclosed
- Stage
- Operating
Service Providers
Advisory & Legal
- targetAdvisor
- Evercore
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