Demand Energy Networks, a Liberty Lake startup that makes energy-storage technology and related devices, has moved its operations into a portion of the sprawling former Agilent Technologies Inc. complex, now called Meadowwood Technology Campus.
Demand Energy is now located in 7,000 square feet of floor space in the Meadowwood One Building, at 24001 E. Mission, having moved there from smaller quarters in the nearby TierPoint Building, at 23403 E. Mission.
The company is the first tenant at Meadowwood Technology Campus, which Greenstone Commercial, a division of Liberty Lake-based Greenstone Corp., acquired from Agilent last year. The 70-acre technology park has buildings with about 250,000 square feet of floor space and land parcels for sale ranging in size from less than one acre to 20 acres. In addition to commercial space, the park has exercise facilities, an outdoor amphitheatre, and a cafeteria.
Randi Neilson, Demand Energy's vice president of marketing, said in a press release that the company moved to Meadowwood to have room to expand and because the park's infrastructure could handle its energy demands.
Demand Energy, founded in 2008, employs 12 people. It has several patents pending for technologies intended to enable energy providers to manage their electricity inventory. Its Demand Shifter, for example, stores electricity during off-peak hours and dispatches that energy into the power grid again during times of higher demand.
Last spring, Washington Gov. Chris Gregoire awarded the company a $1.5 million grant to develop electronic-storage devices.
Santa Clara, Calif.-based scientific-instrument maker Agilent Technologies had worked out of a portion of the campus for a number of years, but the company moved last year and soon thereafter shut down its Spokane operations. Agilent is a spinoff Palo Alto, Calif.-based Hewlett-Packard Co., which initially developed the Liberty Lake complex.
Greenstone is a longtime home builder and neighborhood developer that launched its commercial division last year.