Acumen Acquisition Announcement

AESI-US, Inc., a Subsidiary of AESI Acumen Engineered Solutions International Inc., Finalizes Acquisition of Metis Energy Solutions, LLC.

Georgia-USA, February 9, 2023 – AESI-US, Inc. (‘Acumen-US’), a leading provider of engineering and consulting services, has announced its successful acquisition of Metis Energy Solutions, LLC (‘METIS’), a Louisville, Kentucky based company that specializes in energy management services in the electric utility markets.

This acquisition marks a significant milestone for Acumen, as it strengthens the company's position as a market leader in the energy industry. By leveraging Metis' expertise in areas such as generation and load management services, load hedging services, and wholesale electricity markets, Acumen's clients will have access to a valuable asset that can help them tackle the challenges of future energy transitions.

"We are thrilled to have completed this acquisition and we welcome the talented team from Metis to the Acumen family," said Loreto Sarracini, Acumen's President. "After several years of partnering with the Metis team on various projects, we are confident that with their extensive knowledge and experience in the energy industry, we are now even better equipped to provide our clients with the most innovative and comprehensive solutions available."

The Metis team will continue to operate in Louisville and has joined Acumen's US operations. This acquisition better positions Acumen to support its clients in navigating the complex and ever-changing energy industry. In addition to its energy management expertise, Metis' strengths combine with Acumen's other practice areas, such as Cyber and Physical Security, Regulatory Compliance, and Operational Technology, to offer clients unique and feasible solutions.

Through its commitment to delivering outstanding service and staying up-to-date with the latest technology and market insights, Acumen sets itself apart from the competition. The company is excited to continue being the industry's Trusted Advisor in the years to come.