By Denny Jacob

Caterpillar Inc. said Thursday that it has acquired Tangent Energy Solutions, a U.S.-based energy-as-a-service company.

Terms of the deal were not disclosed.

Caterpillar said Kennett Square, Pa.-based Tangent will continue to offer services under the Tangent Energy brand and operate under Caterpillar's Electric Power Division.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

May 05, 2022 11:26 ET (15:26 GMT)

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