Leap and Verantum Partner to Turn Commercial Buildings into Grid Flexibility Resources

Leap, a platform for building and scaling virtual power plants (VPPs), and Verantum, have announced a strategic partnership to enable portfolios of connected buildings to generate new revenue in automated demand response and other grid services programs across the United States.

The partnership will initially support leading retail chains, including Dollar Tree, at sites across California, New York, Texas, as well as in the utility service territories of Puget Sound Energy, Salt River Project, and Tennessee Valley Authority, regions facing growing pressure from rising energy costs and grid reliability challenges.

Ryan Adelman, CEO of Verantum, said, “Partnering with Leap streamlines the contracting and enrollment process, giving our customers seamless access to demand response revenue across U.S. energy markets. Together, we’re converting the operational intelligence our customers already rely on into a new source of financial value.”

Jason Michaels, CEO of Leap, said, “This partnership shows how quickly existing building infrastructure can help address energy affordability and grid reliability challenges. Verantum has already built a leading solution for optimising energy use across large portfolios. By layering in grid participation, those same systems can now deliver additional value to both building operators and the grid, especially during peak demand periods when flexibility matters most.”

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