February 14, 2022
Congratulations Tantalus
Tantalus is a long-time Rob Roy client, providing mission-critical smart grid solutions for public power and electric cooperative utilities across North America and the Caribbean Basin. As the world looks to both electrify and decarbonize every aspect of life, Tantalus' purpose-driven solutions will become critical to how this sector of the power industry adapts. In recent years, Tantalus has experienced steady, meaningful growth, with a near-99% retention rate with the utilities that leverage its services. In 2021, the company went public on the Toronto Stock Exchange (TSX: GRID) and achieved a milestone of over 200 utilities in its user community. And just this month, Tantalus made its first acquisition as a publicly-traded company, buying the shares of Congruitive, a software company that helps the smart grid operate as one intelligent, operable system.
With these new capabilities, Tantalus will enable public power and electric cooperative utilities to digitize their grids, allowing them to adapt to the increasing demands of electric vehicles (EVs) and distributed energy resources (DERs) such as solar panels, as well as boost resilience in the face of extreme weather events.
Joshua Reynolds is the Founder and CEO of Rob Roy Consulting, Inc.