Electricity provider Pinergy buys Irish data analytics firm Acutrace

Acutrace has 600 business customers in Ireland and Britain and provides advice to businesses on how best to lower their power bills using live data

Pinergy chief executive Enda Gunnell.

Irish-owned Pinergy, which supplies electricity to about 30,000 households and businesses, said it has bought Acutrace, a data analysis firm, as part of a push to service more commercial clients. It is believed Pinergy paid at least €2m for the acquisition. 

Acutrace has 600 business customers in Ireland and Britain and is part of a burgeoning industry that provides advice to businesses on how best to lower their power bills using live data.