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Wärtsilä has closed the acquisition of Greensmith Energy Management Systems Inc., a grid-scale energy storage software and solutions provider, for USD 170 million. Greensmith will operate as a business unit within Wärtsilä Energy Solutions.
Wärtsilä has signed an agreement to acquire Greensmith Energy Management Systems Inc., a US-based leader in intelligent energy storage technology, for an undisclosed amount. The acquisition is expected to close no later than July 2017.