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E Source Strengthens Its Position with CF Power Acquisition

In a significant move aimed at enhancing its engineering prowess and modernization capabilities, E Source has recently acquired CF Power, a respected player in power systems engineering. This acquisition, announced on September 23, 2025, positions E Source as a more formidable partner for utilities and energy developers seeking to navigate the evolving landscape of power generation and distribution.

E Source has built a reputation as a leading customer, grid, and technology solutions provider within the utility sector. The company aims to assist its clients in optimizing power grid operations and adapting to the surge in demand for renewable energy sources. This demand is increasingly driven by data centers and a collective push towards sustainability. E Source’s acquisition of CF Power serves to bolster its capabilities in this arena.

With over 35 years of operational experience, E Source is adept at delivering data-driven insights and strategic guidance to its utility customers. On the other hand, CF Power has made its mark over a decade with expertise in interconnection studies, precision power system analyses, and comprehensive transmission planning across North America. This merger of expertise underscores the commitment of both companies to transform energy infrastructure effectively.

Joe Eazor, CEO of E Source, expressed enthusiasm about the acquisition, emphasizing its strategic importance in advancing the company’s mission to lead the energy transition. “By joining forces with CF Power, we are now equipped to offer utilities and developers a cohesive solution from strategic planning to hands-on engineering. This integration is crucial for developing smarter, resilient energy systems that can efficiently incorporate renewable energy sources,” he stated.

Similarly, Feng Chen, CEO and President of CF Power, echoed the sentiment, highlighting the shared vision of both firms to deliver sustainable, data-centric solutions. The unification of their strengths is poised to provide clients with enhanced clarity and precision as they pursue modern grid solutions that have lasting impacts.

The acquisition is also backed by Align Capital Partners, further solidifying E Source's commitment to expanding its technical and service capabilities. This strategic investment equips E Source to enhance its position in the utility sector and meet increasing challenges with greater scale and impact.

Moreover, in an advisory capacity, E Source received legal guidance from McGuireWoods LLP while CF Power was supported by FMI Capital Advisors and Linmac LLP. Such collaborative partnerships exemplify the strategic importance of this acquisition within the framework of modern energy solutions.

As the energy landscape evolves, utilities face increasing pressure to adapt and innovate. The integration of CF Power’s engineering excellence into E Source’s portfolio allows for increased agility and responsiveness to market demands. This, in turn, empowers utilities to meet regulatory compliance requirements more effectively while delivering reliable power.

To summarize, the acquisition of CF Power by E Source marks a significant advancement in the utility sector, poised to deliver enhanced support and innovative solutions for grid modernization. With this strategic acquisition, E Source reinforces its mission and capabilities, ensuring it remains at the forefront of the energy transition, capable of supporting its clients in achieving their sustainability goals effectively.

For more information on E Source and its services, visit www.esource.com.