# Yokogawa acquires BaxEnergy

Yokogawa Electric Corporation has acquired BaxEnergy, a renewable energy asset management technology company. The acquisition was announced in 2024, with the first encounter in March 2023.

- Type: Acquisition
- Announced: 2024-08-23
- Where: Acireale, Sicily, Italy
- Status: announced
- Products: renewable energy asset management software, energy management solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Yokogawa Electric Corporation](https://endata.com/companies/1434.md) (acquirer)
- [BaxEnergy](https://endata.com/companies/77867.md) (target)

## Sources

- [baxenergy.com](https://www.baxenergy.com/yokogawa-acquires-baxenergy-the-story-behind/), 2024-08-23: "The acquisition of BaxEnergy by Yokogawa Electric Corporation is one such story – a tale of mutual respect, shared visions, and the relentless pursuit of a sustainable future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.