Big news: today, we are thrilled to announce the acquisition of the Clearsight assets from Constellation Energy Group. Clearsight is the market-leading provider of automated inspection software and services for electric assets like transmission, distribution, and substations.
We are excited to welcome over the vast majority of Clearsight's team — including key leaders like Bob McNamara, Eddie Acquije, and Teague Maxfield (pictured here with some of Zeitview's leadership in Baltimore last week). We are excited to continue delivering for Clearsight's investor-owned utility, electric co-op, municipal, and energy generation customers, and Zeitview plans to invest heavily in Clearsight's capabilities across AI, software, integration, support, and hardware with a full integration targeted for 2025.
As a milestone for Zeitview, this acquisition rounds out the multi-asset approach we've pursued for the past several years. Now, with material, scaled, global businesses in the wind, solar, utility, telecom, and building verticals, Zeitview has a truly unique offering as a one-stop solution for our energy and infrastructure partners.
On a personal note, this acquisition is a homecoming of sorts, as many of Clearsight's team and customers are based in the mid-Atlantic, including my hometown of Lancaster, PA. It feels especially rewarding to help our customers tackle the specific energy challenges of my hometown region so they can literally "keep the lights on" for local businesses and families. Bob and I are excited to hit the road this summer to meet with customers and partners in the mid-Atlantic and beyond.
Here is our announcement to the media on the acquisition of Clearsight assets in full:
Today, Zeitview strengthens its market-leading automated inspection solutions for energy and infrastructure by acquiring substantially all of the assets of Clearsight, which specializes in transmission, distribution and substation inspections with integrated AI and analytics. Founded in 2018 at Constellation Energy, the Clearsight assets add a utility-focused data analysis suite and AI models to Zeitview’s overall renewable energy and sustainable infrastructure solutions. The majority of the Clearsight team will join Zeitview, and acquisition of Clearsight’s customer relationships in the Mid-Atlantic and Midwest regions will further deepen Zeitview’s national coverage. The amount of the deal was not disclosed.
“Clearsight has been a pioneer in electric asset inspection with a strong reputation for accuracy, expertise, security and safety — values we hold in the highest esteem,” said Dan Burton, founder and Chief Executive Officer at Zeitview. “Incubated at Constellation since 2018, Clearsight delivered a truly purpose-built data and analytics solution trusted by investor-owned utilities, co-operatives, municipalities and energy generation partners. We are excited to build on their AI and data foundation as our united teams scale a truly unique and complete solution for our energy customers."
This collaboration reinforces Zeitview's integrated, multi-asset approach to renewable energy and sustainable infrastructure. For their renewable energy customers, it offers a complete solution to wind and solar site inspection to include analytics of the transmission and substation interconnect with a “farm to grid” solution. With over 600,000 miles of transmission and 6 million miles of distribution, electric grid inspection is a critical component of the energy transition.
“Zeitview’s acquisition of the Clearsight assets creates a company with unrivaled depth and scale in digital asset management of critical infrastructure,” said Robert McNamara, who has been the chief operating officer of Clearsight. Post-acquisition, McNamara takes the title of Head of T&D Operations at Zeitview. “The Clearsight team and Clearsight’s innovative technologies will continue to transform how asset owners maintain critical infrastructure. This milestone is a testament to the hard work of our employees and the commitment of our customers to leveraging the latest technologies.”