E Source, a company dedicated to providing solutions for utilities in customer engagement, grid management, and technology, has recently completed the acquisition of CF Power. CF Power is a power systems engineering firm recognized for its expertise in modernizing electrical grids and conducting interconnection studies.
This significant acquisition strategically bolsters E Source’s capacity to offer comprehensive support to both utilities and developers, guiding them through every stage from initial planning to the final engineering execution of projects. This move firmly establishes E Source as one of the most capable partners in the industry for transforming energy infrastructure.
With a history spanning over 35 years, E Source has consistently helped utilities navigate the complexities of their sector. They achieve this by delivering insights grounded in data and offering expert strategic guidance. CF Power, in turn, brings more than a decade of specialized experience in various critical areas. Their expertise includes conducting detailed interconnection studies, performing high-precision power system analysis, and developing transmission plans across North America.
The engineers at CF Power are highly credentialed, each holding advanced degrees in electrical engineering. Their integration into E Source significantly enhances the company’s ability to provide technically robust and economically efficient solutions. These solutions are crucial for ensuring grid reliability, integrating renewable energy sources seamlessly, and maintaining compliance with regulatory standards.
This acquisition, supported by Align Capital Partners, is a clear indicator of E Source’s ongoing commitment to deepening its technical expertise and broadening the range of services it offers. By expanding its capabilities, E Source is strategically positioning itself to lead the transformation of the utility sector. This expansion will enable the company to operate on a larger scale, with greater precision, and have a more profound impact on the industry.
Advisors: E Source was advised by McGuireWoods. CF Power was advised by FMI Capital Advisors and Linmac.
KEY QUOTES:
“Adding CF Power to the E Source team is a major step forward in our mission to lead the energy transition. Together, we can offer utilities and developers a unified partner—from supporting strategic planning to hands-on engineering—ensuring smarter, more resilient energy systems.”
Joe Eazor, CEO of E Source
“CF Power has always been committed to delivering sustainable, data-driven, and result-oriented solutions. E Source shares that vision. By joining forces, we can help clients navigate the complexities of grid modernization with clarity, precision, and long-term impact.”
Feng Chen, CEO and president of CF Power
