EPX Proposes Cash and Shares Offer to Acquire WattWatchers
EPX Limited has submitted a proposal to acquire WattWatchers Pty Limited through a Deed of Company Arrangement, pending creditor approval. The move aims to integrate WattWatchers’ real-time energy monitoring solutions with EPX’s advanced building performance platform.
- EPX proposes acquisition of WattWatchers via DOCA
- Proposal includes cash and ordinary shares consideration
- Creditors to vote on proposal on 15 December 2025
- Acquisition aims to retain key assets, staff, IP, and contracts
- WattWatchers specializes in real-time energy data and monitoring
EPX Moves to Expand Energy Data Footprint
EPX Limited (ASX – EPX) has formally entered the race to acquire WattWatchers Pty Limited, a company currently under voluntary administration. The proposed acquisition, structured as a Deed of Company Arrangement (DOCA), is designed to bring WattWatchers’ proprietary energy monitoring technology under EPX’s umbrella, subject to creditor approval at a meeting scheduled for 15 December 2025.
WattWatchers, an Australian firm, offers real-time energy data and monitoring solutions tailored for both commercial and residential markets. Its technology connects to buildings and renewable energy sources, providing critical insights that complement EPX’s existing capabilities.
Strategic Fit with EPX’s EDGE Platform
EPX is known for its EDGE cloud technology platform, which aggregates and analyzes vast amounts of building data to optimize energy consumption and reduce greenhouse gas emissions. With over 700 buildings monitored across 25 countries, EPX’s platform delivers measurable energy savings and operational efficiencies.
The acquisition of WattWatchers would enhance EPX’s data collection and monitoring capabilities, potentially accelerating its mission to improve building performance globally. The proposal includes a combination of cash and ordinary shares, reflecting a strategic investment in technology, intellectual property, and human capital.
Uncertainties and Next Steps
While the proposal has been recommended by WattWatchers’ voluntary administrators for creditor consideration, the transaction is not yet certain. The outcome of the creditor meeting will be pivotal in determining whether EPX can proceed with the acquisition and integrate WattWatchers’ assets and contracts.
Should the acquisition proceed, it would mark a significant step for EPX in consolidating its position as a leader in energy data and building performance solutions. Investors and industry watchers will be keenly awaiting the creditor vote and subsequent updates from EPX.
Bottom Line?
The creditor vote on 15 December will be the critical juncture shaping EPX’s expansion in energy data technology.
Questions in the middle?
- Will creditors approve EPX’s DOCA proposal for WattWatchers?
- How will EPX integrate WattWatchers’ technology with its EDGE platform?
- What financial impact will the acquisition have on EPX’s future earnings?
