Grid Cloud Solutions acquires interest in energy management & savings company, Encompass Group

Grid Cloud Solutions, a renewable energy development company, has acquired a 51% interest in the Encompass Group, an energy management solutions company specialising in reducing energy costs through energy monitoring and energy efficiency technologies.

Grid Cloud Chief Technology Officer, Dr. Luc Duchesne comments, “The acquisition of an established energy management company like Encompass Group is an obvious choice for Grid Cloud Solutions Inc. After all, the future of energy isn’t only about being renewable… it’s also about being responsible through reducing energy consumption. Reducing consumption means reducing costs, ensuring maximum profits for Grid Cloud clients.” Dr. Duchesne continues, “We are confident the marriage between the two companies will not only give us a significant advantage when incorporating Encompass’ energy monitoring technologies into our service offerings, but we believe it should also add a number of new corporate clients to our growing list of community based clients.”

Canada, Toronto