Enverus acquires SBS to enhance AI-driven utility planning and engineering

Summary

Enverus has agreed to acquire Spatial Business Systems (SBS), an AI-enabled design automation platform for utilities. This acquisition aims to enhance utility planning, engineering execution, and capital program intelligence, addressing the need for modernization and efficiency in utility projects. The transaction is expected to close in Q2, pending regulatory approvals.

Recent Coverage

• Enverus to acquire SBS to power AI-driven utility planning and engineering

  PR Newswire • Mar 4

• Enverus to acquire SBS to power AI-driven utility planning and engineering

  Enverus Blog • Mar 4