London energy provider charged up for US expansion
A London-based energy company is expanding into the US with the opening of its first American office.
GridBeyond, which announced the expansion of its workforce last week, has opened the new office in Houston, Texas, and will initially focus on the Electricity Reliability Council of Texas and PJM Interconnection.
The company said that its ‘Point’ platform, which connects grid operators, C&I operational load, power suppliers and PPA providers, distributed generation, energy storage, EV charging and utilities, will enhance the benefits that American customers will see.
Wayne Muncaster, vice president for North America operations, commented: “After months of research and preparation work with our investors and American partners, we are delighted to announce GridBeyond’s expansion into the US and the opening of our new office in Houston.
“For many years Houston has been recognized as a leading centre for the global energy industry.
“We are proud to launch our US operations from here, and to add our presence to the growing number of energy tech companies choosing this area as their base.
“We expect our US team to grow to fifty employees across the country within the next three years.
“We are looking forward to working closely with commercial and industrial businesses, utilities and other participants of the US energy markets to enhance their financial outcomes, increase operational resilience and improve sustainability.”
Michael Phelan, chief executive and co-founder of GridBeyond, added: “Our expansion into the US marks a significant step forward in the growth of GridBeyond.
“There is a rising global demand for advanced automation technologies driven by the energy transition toward digitalisation, decarbonisation and decentralisation.
“This creates opportunities for further dynamic growth of our business.”
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