eMotorWerks Acquired by Enel
On October 25, 2017, Enel, a multinational power company and an integrated player in the global, power, gas, and renewables markets, through its U.S. subsidiary EnerNOC, announced that it has acquired California-based eMotorWerks, a leading North American supplier of JuiceBox electric vehicle (EV) charging stations and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities. Terms of the deal were not disclosed. Wilson Sonsini Goodrich & Rosati represented eMotorWerks in the transaction.
According to a press release, the acquisition of eMotorWerks marks Enel's entrance into the U.S. electric mobility market, one of the largest EV markets at a global level.
The WSGR team that represented eMotorWerks in the transaction included partner Bob O'Connor, Of Counsel Gregory Miller, and associates Mark Holloway, Brandon Gantus, Patrick Diehl, Harry Khanna, and Dennise Martinez.
For more information, please see Enel's press release.