{"id":2980,"date":"2025-03-27T21:20:54","date_gmt":"2025-03-27T21:20:54","guid":{"rendered":"https:\/\/enovapower.com\/reports\/?page_id=2980"},"modified":"2025-04-29T14:59:47","modified_gmt":"2025-04-29T14:59:47","slug":"post-merger-integration","status":"publish","type":"page","link":"https:\/\/enovapower.com\/reports\/2024-report\/post-merger-integration\/","title":{"rendered":"Post Merger Integration"},"content":{"rendered":"\t\t
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04<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Post-merger integration<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Post-Merger Integration<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Growth & Innovation<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Empowering Communities<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Grid Resiliency<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Two years after forming, Enova has made significant progress in integration.<\/p>

The dedicated work of our Integration Management Office and dedicated employees have yielded valuable synergies and harmonized operations that position Enova for an exciting future.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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We completed 47% of our integration work in our first two years of operation and generated a remarkable $4.0 million in gross savings. On its own this is a fantastic achievement but it is even more so when you consider that this work happened on top of the regular day-to-day work needed keep the lights on and serve our customers. We are reinvesting the savings in our operations, ensuring we\u2019re building an electricity grid that can support the needs of a growing, evolving business community and an unprecedented demand for electrification.<\/p>

We released Enova’s first Conditions of Service, which outlines our operating practices and connection policies and the types and levels of service we offer our customers, making it easier for customers to understand how we do business.<\/p>

Operationally, we merged our separate Supervisory Control and Data Acquisition and Enterprise (SCADA) systems, leading to better outage prevention and response and improving communication between our control rooms.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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We on track to harmonize our Employee Resource Planning system, improving data security, visibility between departments, and productivity while creating significant efficiencies and cost savings.<\/p>

Employees drive our integration work, and employee relations were a key focus in 2024. We successfully negotiated two union agreements, thoughtfully balancing the needs of our employees with our service commitments. We reached amicable agreements without any service disruptions or labour stoppages.<\/p>

As a company, we continued building our value-based culture with peer recognition campaigns, regular all-staff meetings, employee surveys and leadership seminars. As our organization grows, we\u2019re doing our best to ensure that we can attract and retain the best and brightest staff members in the region to help us steer Enova to our vision: To drive what’s next in energy and sustainability for our communities and beyond.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Hover over the numbers in the info boxes to learn more about each number. <\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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47%<\/p><\/span>\n \t\t\t

An impressive 47% of integration work was completed by the end of 2024. We\u2019ll reach 50% in early 2025.<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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$4.0M<\/p><\/span>\n \t\t\t

Harmonization and integration includes finding efficiencies and identifying best practices across our systems, processes, programs, and policies. Ongoing work has saved us $4.0 million. That\u2019s money we are investing in strengthening our business and preparing for tomorrow\u2019s energy challenges.<\/p><\/span>\n \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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savings<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

04 Post-merger integration Post-Merger Integration Growth & Innovation Empowering Communities Grid Resiliency Two years after forming, Enova has made significant progress in integration. The dedicated work of our Integration Management Office and dedicated employees have yielded valuable synergies and harmonized operations that position Enova for an exciting future. We completed 47% of our integration work […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":2651,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-2980","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nPost Merger Integration - Enova Power Reports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enovapower.com\/reports\/2024-report\/post-merger-integration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Post Merger Integration - Enova Power Reports\" \/>\n<meta property=\"og:description\" content=\"04 Post-merger integration Post-Merger Integration Growth & Innovation Empowering Communities Grid Resiliency Two years after forming, Enova has made significant progress in integration. 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