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TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) Volaris Group today announced the acquisition of ConWX ApS, a provider of mission-critical power forecasting services for global energy providers.
ConWX is headquartered in Copenhagen and provides services for energy and energy trading companies globally. The company has a renewable energy install base of more than 100GW capacity.
“With the acquisition of ConWX, Volaris Group enters the renewable energy sector. ConWX is well-positioned in this important and growing industry and we see an interesting opportunity to expand our footprint,” said Jesper Ulsted, Portfolio Manager at Volaris Group, “Our buy-and-hold-forever philosophy is well-suited for companies looking for stability, long-term growth and it fits particularly well with the sustainability focus of this new vertical.”