Caterpillar (CAT) Acquires Tangent Energy Solutions

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Caterpillar Acquires Tangent Energy Solutions

May 5, 2022 11:00 AM EDT

DEERFIELD, Ill., May 5, 2022 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has acquired Tangent Energy Solutions, a U.S.-based energy-as-a-service (EaaS) company. Headquartered in Kennett Square, Pennsylvania, Tangent Energy provides customers with turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizing electric grid support and providing resiliency for customer operations.

"Tangent Energy has developed a suite of intelligent energy solutions that leverages advanced analytics to provide value to customers," said Jason Kaiser, vice president of Caterpillar Electric Power. "Tangent's... More