Johnson Controls has acquired Norwegian heat pump provider Hybrid Energy.
The company this month announced that it acquired Hybrid Energy AS, a provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes.
Founded in 2004 and based in Lysaker, Hybrid’s solutions can achieve temperatures greater than 100 degrees Celsius using ultra-low-global warming potential natural refrigerants. Terms of the transaction were not disclosed.
Johnson said Hybrid Energy’s “unique technology” will provide new, cost-effective solutions to customers and help address decarbonization and sustainability efforts in Europe and beyond.
"It's an exciting time in our industry as we come together to bring the next generation of safe, sustainable energy management technologies to market," said Claude Allain, president, Johnson Controls HVAC/R and data centers. "Hybrid Energy is well positioned in its ability to deliver extremely high-temperature process heating while maintaining energy efficiency – and with the reach and resources of Johnson Controls, we will be able to solve the challenges of more customers. As we help reduce the energy consumption in buildings, our customers will benefit from a single, trusted source for heating solutions."
Rune Rinann, chief executive officer of Nordic Technology Group AS, added: "With many countries diversifying energy sources, now is the time for clean energy technologies to become available for use on a global scale. Between Hybrid Energy's unique heat pump technologies, the reach and capability of Johnson Controls, and the collective brain power from both, we'll help advance a sustainable future by setting the standard for high-temperature industrial heat pumps."
Last month Johnson Controls acquired Welsh security systems integrators CDS Integrated Security Systems and Gem Security Services.