AlsoEnergy announces merger with Locus Energy | AlsoEnergy
September 25, 2018

AlsoEnergy announces merger with Locus Energy

Establishes AlsoEnergy as a leading provider in the residential, commercial, industrial and utility scale
PV markets with over 25 GW of power monitored across more than 190,000 sites worldwide

AlsoEnergy, a leader in renewable energy software solutions, has
announced it is merging with Locus Energy, a solar monitoring and data analytics provider delivering
solutions across the residential, commercial, and utility sectors. The transaction enhances AlsoEnergy’s
ability to deliver end-to-end solutions across all geographies and market segments and affirms
AlsoEnergy as a global leader in renewable energy asset monitoring and control.

“Locus Energy is a strong complement to our solutions portfolio,” said Bob Schaefer, Chief Executive
Officer of AlsoEnergy. “Throughout 2018, we have made strategic investments to consolidate best-of-
breed technologies that can be integrated through our unified back-end platform to create an end-to-
end industry leading portfolio. The consolidation of these historically disparate systems creates strong
value for our customers, including comprehensive portfolio aggregation across all modes of energy
generation as well as unified reporting and metrics across all platforms.”

Under the terms of the agreement, AlsoEnergy will continue to lead the business, with Locus Energy’s
prior owner, Genscape, retaining a minority equity stake in the combined entity.
”We are excited to join the AlsoEnergy family,” said Michael Herzig, Chief Executive Officer of Locus
Energy. “Together, the combined business will be able to better meet our customers’ evolving needs
and enable greater support throughout the entire project lifecycle, with support and engineering
resources deployed around the world.”

“The addition of Locus strengthens our leadership position as the most innovative and complete
solution provider in the market,” continued Schaefer. “The combined portfolio will give our customers
the ability to further streamline operations and achieve the highest levels of performance, efficiency and
profitability, using a single technology platform while retaining the best attributes and stakeholder views
from each system.”

In addition, the integration of Locus Energy’s customer service and engineering support center will
strengthen AlsoEnergy’s global service organization and will enable the delivery of world-class around-
the-clock support, seven days a week.

About AlsoEnergy

AlsoEnergy provides technology solutions for solar PV projects and other energy systems, including DAS
systems and power plant control solutions. With over 25 GW of power monitored at more than 190,000
sites worldwide, AlsoEnergy is ranked by Greentech Media as the #1 independent software vendor (ISV)
for solar monitoring in the US commercial market for 4 straight years. Complete solution packages from
AlsoEnergy pair hardware and professional services with AlsoEnergy’s leading software platform

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About Locus Energy

Locus Energy is a solar monitoring and data analytics platform provider for the solar photovoltaic (PV)
market spanning the residential, commercial, and utility sectors, across the globe. The company has
deployed over 165,000 systems, collected over 80 billion data points, and currently monitors more than
6.6 GW of total capacity globally.

About Genscape

Genscape is the leading global provider of real-time data and intelligence for commodity and energy
markets, driven to improve market transparency and efficiency.

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