Town of Genesee-based Generac Holdings Inc. has made a strategic minority investment in Boulder, Colorado-based Rolling Energy Resources. RER provides electric vehicle load management software that is often used by utilities and electric vehicle owners to monitor and control charging.
Generac did not disclose how much money it invested in RER. The transaction closed on March 3.
“We have worked closely with the RER team commercially over the past 12 months on several projects that support local grid reliability and are excited to deepen our relationship,” said James Carr, president of Generac Grid Services. “Monitoring and controlling EVs with RER’s leading telematics platform, alongside our existing integrations with smart EV chargers and Geotab, truly distinguishes Generac’s offerings by supporting the broadest range of vehicle and program types.”