EnerNOC, Inc.
ENOC
NASDAQ7.65
USD
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EnerNOC, Inc.
ENOC
(NASDAQ)
Recent
price
7.65
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- EnerNOC, Inc., founded in 2001 and headquartered in Boston, Massachusetts, is a leading provider of cloud-based energy intelligence software (EIS) and energy management services. The company offers a comprehensive portfolio of solutions including demand response and management; energy supply management; renewable energy integration; energy storage and microgrids; energy efficiency; electric vehicle charging infrastructure and management via its JuiceBox® and JuiceNet® platforms; utility bill management; and sustainability advisory services. EnerNOC primarily serves commercial, institutional, and industrial customers as well as electric utilities and grid operators, primarily across North America, with historical operations extending to Europe and the Asia-Pacific region. Recent major developments include EnerNOC's acquisition by the Italian multinational energy company Enel in 2017, after which it was integrated into Enel's advanced energy services division, Enel X North America. This transition expanded the company's product offerings to include advanced energy solutions such as behind-the-meter energy storage, demand-side resource optimization, and electric vehicle charging management. EnerNOC, now operating under the Enel X brand in North America, manages a demand response capacity of approximately 3.8 GW and supports over 3,600 customers across more than 10,000 sites. It continues to enhance its software capabilities for real-time energy and utility data analysis, facility optimization, budget and procurement management, and customer engagement for utilities. The company maintains a 24/7 Network Operations Center that supports its demand response and energy management solutions. EnerNOC's product suite under Enel X includes DemandSMART™ for demand response, EfficiencySMART™ for continuous energy savings, and SupplySMART™ for energy price and risk management. The company emphasizes smart energy resource management and sustainability through its intelligent Distributed Energy Resource (DER) optimization software and expanded electric mobility offerings. These services align with its strategic focus on enabling commercial and industrial customers to optimize energy consumption, reduce costs, and contribute to grid stability within the evolving energy landscape. EnerNOC remains a significant entity within Enel Group's portfolio, driving innovation in energy intelligence and clean technology solutions.