Voltus Named an Official Partner of the Arena at Madison Square Garden

Madison Square Garden Entertainment Corp. (NYSE: MSGE) announced today a partnership with Voltus, Inc. (“Voltus”), naming the leading distributed energy resource (DER) software platform, an Official Partner of the Arena at Madison Square Garden. Voltus and Madison Square Garden will work together to implement demand response services and identify and execute energy reduction initiatives during peak energy usage periods and grid stress.

“This partnership with Voltus will have a tremendous impact on the day-to-day operations at Madison Square Garden, for both our sports and entertainment events,” said Ron Skotarczak, Executive Vice President, Chief Sales & Marketing Officer, Madison Square Garden Entertainment Corp. “Our partnership allows us to help New York’s electricity grid by conserving and shifting energy at the times when it’s most needed. We welcome Voltus to our ever-growing marketing partnership family and are grateful for the technology they will contribute to The Garden.”

“It’s a privilege to help Madison Square Garden support their community and grid by using the Voltus platform to harness the power of its distributed energy resources,” says Gregg Dixon, Voltus CEO. “Using our technology and expertise, MSG will be able to monetize its flexibility. It’s a win-win-win for the city’s leader in sports and entertainment.”

As part of the marketing agreement, Voltus will enjoy significant marketing exposure and branding on the digital boards outside of Madison Square Garden, which are on display to the millions of people who walk by The Garden every day. In addition, Voltus will become a member of the Madison Square Garden Marketing Partnerships “Bridge-to-Business Council,” which is a select number of marketing partners geared at facilitating business-to-business with one another.

The Voltus software platform connects nearly 2,600 megawatts of DERs to electricity markets, maximizing the availability of these resources to grid operators. Voltus is the only DER software platform integrated into all nine US and Canadian wholesale power markets. Voltus works with many of the world’s largest commercial and industrial energy users, connecting all types of DERs to the grid, including energy storage, distributed generation, demand response, and energy efficiency.