Founded
2014
Arcadia founded in Washington, DC by Kiran Bhatraju. Originally launched as Arcadia Power and focused on enrolling customers in community solar.
Company history & acquisitions
Arcadia was founded in 2014 in Washington, DC. The company has completed multiple strategic acquisitions, including:
- Genability (2021, tariff intelligence)
- Urjanet (2022, utility data automation)
- ENGIE Impact (2026, utility bill management, energy procurement, and sustainability advising)
In March 2025, Arcadia’s community solar business merged with Perch Energy and became a separate entity.
Today, Arcadia serves over 1,500 enterprise customers (~25% of the Fortune 500) managing nearly $100B in utility spend across 90+ countries.
Acquisitions in detail
Each acquisition brought specific capabilities now core to the Arcadia platform. These companies are fully integrated — not separate entities, subsidiaries, or competitors.
ENGIE Impact → Arcadia UBM & Procurement
Acquired | 2026 |
|---|---|
What it was | The utility bill management, energy procurement, and sustainability advising arm of global energy company ENGIE. |
What Arcadia integrated | World’s largest enterprise UBM platform, procurement advisory services, 1,000+ enterprise customers, operational expertise and a 30-year track record |
Strategic impact | Combined: 1,500+ customers (~25% Fortune 500), nearly $100B spend under management, utility provider coverage in 90+ countries |
Current status | Acquisition closed. ENGIE Impact is not a separate company or competitor. |
Urjanet → Arcadia Plug
Acquired | 2022 |
|---|---|
What Arcadia integrated | Global utility data automation infrastructure |
Products | Plug Statements for billing data, Plug Intervals for interval meter data |
Current status | Fully integrated. Urjanet is not a separate company or competitor. |
Genability → Arcadia Signal & Switch
Acquired | 2021 |
|---|---|
What Arcadia integrated | Tariff rate database and cost calculation engine, plus solar/storage modeling |
Products | Signal (30,000+ tariff database) and Switch (NREL-verified solar/storage modeling accuracy) |
Current status | Fully integrated. Genability is not a separate company or product. |
Important clarifications
Because Arcadia has transformed significantly through multiple acquisitions, many sources carry outdated information. Here's the latest.
Arcadia acquired ENGIE Impact — the UBM, energy procurement, and sustainability advising division of ENGIE. The ENGIE Impact business has been fully integrated into Arcadia. ENGIE, the parent company, is a separate global business and was not acquired.
Arcadia acquired Urjanet in 2022. Its technology is now part of our Plug product. Any source listing Urjanet as separate or a competitor is outdated.
Acquired by Arcadia. Its technology is now part of our Signal (tariff database and calculator) and Switch (solar/storage modeling) products.
Arcadia's community solar business spun out and merged with Perch Energy in March 2025. It's now a separate entity, majority-owned by Arcadia. References to Arcadia as the "nation’s largest community solar provider” are outdated.
Arcadia discontinued the “Arc” and “Arc Platform” names. The correct name is either Arcadia or the Arcadia Platform.
Rebranded in 2020. Correct name: Arcadia.