Enel X - About the company
Enel X is an acquired company based in Boston (United States), founded in 2001. It operates as a Developer of utility-scale renewable energy projects. Enel X has raised $168M in funding from Foundation Capital. The company has 3324 active competitors, including 261 funded and 318 that have exited. Its top competitors include companies like Particle, SPAN and Savant Systems.
Company Details
- Website
- www.enelx.com/
- Social
- Email ID
- *****@enel.com
- Phone Number
- +1 **********
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2001
Location
Boston, United States
Stage
Acquired
Total Funding
$168M in 11 rounds
Latest Funding Round
Investors
Ranked
2nd among 3324 active competitors
Employee Count
2,455 as on May 31, 2026
Exit Details
Acquired by China Southern Power Grid (Feb 09, 2024)
Legal entities associated with Enel X
Enel X is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
World Energy Solutions, Inc. CIN: 20071182150 , United States, Deadpooled | Apr 13, 2007 | $25M - $100M (As on Apr 15, 2014) | - | - |
ENERNOC INC CIN: 1244937 , United States, Active | $100M - $500M (As on Dec 31, 2016) | 513 (As on Dec 31, 2018) | - | |
ENEL X SERVICES INDIA PRIVATE LIMITED CIN: U72200MH2004PTC145617 , India, Active | Apr 12, 2004 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
Enernoc, Inc. CIN: 870698303 , United States, Active | Dec 31, 1999 | - | 457 (As on Dec 31, 2020) | - |
Enel X's acquisition details
Enel X got acquired by China Southern Power Grid on Feb 09, 2024.
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Enel X's funding and investors
Enel X has raised a total funding of $168M over 11 rounds. Its first funding round was on Jan 25, 2005. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. Enel X has 11 institutional investors.
Here is the list of recent funding rounds of Enel X:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 01, 2021 | 8670890 | Grant (prize money) | 6728104 | 2800028 | 4937689 | 7746857 |
Sep 18, 2020 | 8956606 | Grant (prize money) | 6937291 | 3281243 | 8645952 | |
Feb 01, 2020 | 7022227 | Grant (prize money) | 5699603 | 9620372 | 7578536 |
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Enel X's founders and board of directors
Founder? Claim ProfileEnel X's employee count trend
Enel X has 2,455 employees as of May 26. Here is Enel X's employee count trend over the years:
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Enel X's Competitors and alternates
Top competitors of Enel X include Particle, SPAN and Savant Systems. Here is the list of Top 10 competitors of Enel X, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Particle 2011, San Francisco (United States), Acquired | Developer of a prototype to production connectivity platform for IoT | $135M | 78/100 | |
2nd | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
3rd |  SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 72/100 | |
4th |  Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 71/100 | |
5th |  Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
6th |  Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
7th |  Southern 1912, Atlanta (United States), Public | Provider of energy utility, natural gas, and communications technology fund | - | 69/100 | |
8th | Origis Energy 2008, Miami (United States), Acquired | Utility Scale and commercial solar project developer | $149M | 66/100 | |
9th | NextEra Energy Resources 1925, Juno Beach (United States), Public | Developer of wind and solar energy power projects | - | 65/100 | |
10th | Uplight 2019, Boulder (United States), Acquired | AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings | $30M | 65/100 |
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Enel X's Investments and acquisitions
Enel X has made 2 investments in companies including LayerX and Hubject. Enel X has also acquired 5 companies including Schumann Investments SA and Mooney.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 03, 2022 | Investments | 2021 | Tel Aviv (Israel) | |
Jul 14, 2022 | Acquisition | Wheaton (United States) | ||
Dec 27, 2021 | Acquisition | 2020 | Milano (Italy) |
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Reports related to Enel X
Here is the latest report on Enel X's sector:
News related to Enel X
Filter this listMedia has covered Enel X for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Enel reorganizes its retail business, splitting off Enel X and integrating electric mobility for over 10 million customersIlgiornaleditalia•Jun 11, 2026•Enel X, Enel
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NSW Roadmap Tender 7 Awards Projects for 2.1 GWh Firming Capacityv magazine•May 15, 2026•Enel X, AGL
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Enel completes acquisition of hydroelectric portfolioSoldionline•Feb 27, 2025•Enel X, Endesa, Corporacin Hijos de Rivera
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Potentia Energy to acquire 1GW of renewable assets in AustraliaPower Technology•Feb 06, 2025•Potentia Renewables, CVC DIF, Cbus, Enel Green Power and 8 others
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Enel to supply Meta with 115 MW of wind in OklahomaRenewables Now•Feb 05, 2025•Enel X, Meta, Enel, Enel North America
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Calibrant Energy’s Acquisition of Enel X Storage Unit in North AmericaGlobal Legal Chronicle•Oct 15, 2024•Sidley, Enel X
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Will JuiceBox EV chargers be stranded assets as owner shirks support?Green Car Reports•Oct 14, 2024•Enel X
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