Utilidata Appoints Former Siemens Transmission and Distribution CEO, David Pacyna, to its Board of Directors
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 23 October 2013
Release date- 22102013 - Providence, Rhode Island - Utilidata, Inc., the advanced automated energy conservation and management technology solutions company, announced today that it has appointed Mr. David Pacyna to its Board of Directors.
Mr. Pacyna is the former Chief Executive Officer of Siemens' North American Power Transmission and Distribution Divisions. At Siemens, Mr. Pacyna transitioned the company into one of the leading T&D technology and smart grid solution providers in North America by directing the addition of new business lines, developing new products and pursuing significant acquisitions. He is currently the CEO of Falfurrias Capital Partners' North American T&D Group.
'We are excited to have access to David's deep industry expertise and vision. His track record of scaling world class organizations in the power industry will undoubtedly serve Utilidata well, particularly as we approach this next level of growth for our company,' said Scott DePasquale, Utilidata's Chairman and CEO.
With over 30 years of experience in the energy industry, Mr. Pacyna began his career with Westinghouse Electric where he served in management roles globally. After Siemens acquired Westinghouse's power generation business in 1998, he assumed the role of Senior Vice President, Global Strategy & Corporate Development within the Siemens Power Generation Group. Upon becoming President & CEO of Power Transmission & Distribution Inc. in 2002, he led the group through a period of turnaround and transformational growth until his retirement.
'What is happening at Utilidata is very exciting. There is a lot of energy being created around their new approach to Volt/VAR Optimization - it's a very modern way of looking at the distribution grid,' said Mr. Pacyna. 'By leveraging state of the art digital technology, Utilidata can unlock significant value related to new types of data and information that can be extracted from power assets-which can transform how electric utilities manage the grid. I look forward to being a part of the Utilidata journey and to helping the exceptional team that has been put together as they enter this next growth phase.'
Headquartered in Providence, RI, where it has built a world-class production, research and development facility, Utilidata, Inc. is a technology innovator that is modernizing the distribution grid by leveraging advanced digital signal processing techniques to extract better information from voltage data and enable real-time solutions for intelligent voltage control while providing a steady stream of insightful grid asset data to operators.
The company's AdaptiVolt Volt/VAR Optimization (VVO) Solution for utilities and large energy users has redefined voltage control by feeding more intelligent data into its patented elastic decision making process. As a result, AdaptiVolt delivers 25-50% greater voltage reduction than its competitors, is proven to decrease tap change equipment operations by 30% over traditional model-based approaches and is the only real-time solution that can mitigate against the intermittent effects of distributed generation. The solution optimizes energy efficiency and creates reliable energy savings before a kilowatt ever reaches a home or business.
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