Company profile
UtilityInnovation Group
Provider of microgrid solutions, advanced power controls and behind-the-meter power architecture design for data centers, founded in 2020. Its systems balance real-time load and frequency across behind-the-meter and utility-connected energy resources for AI data center workloads, using proprietary controls software, customized microgrid switchgear and energy storage. Vertiv agreed to pay approximately $1.45 billion in cash at closing, plus additional consideration of up to $1.15 billion tied to EBITDA targets over 12- and 24-month periods. The company keeps European headquarters in Dublin and manufacturing in North Carolina and New Jersey.
- Location
- Raleigh, NC
- Website
- uig.com
Funding
No round listed
This company does not appear in the current investment-round dataset.
Acquisition
Acquired by Vertiv
- Deal value
- $1.4B
- Announced
- Sep 2, 2026