Itron to Modernize Electricity Delivery in Brazil with Future-Ready IoT Network
Itron, Inc. (ITRI)
Last itron, inc. earnings: 2/24 04:05 pm
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Source: Business Wire
Elektro to Utilize Itron and Eletra Technology to Improve Grid Operations LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, will deploy its Gen5 network to enable energy efficiency, increased grid awareness and provide better usage information for the Brazilian utility, Elektro, part of the Neoenergia/Iberdrola group. The utility will replace existing electricity meters with smart meters from Eletra, an Itron authorized sales partner, and deploy Itron’s network in three cities, including Atibaia, Nazaré Paulista and Bom Jesus dos Perdões, over the next year. Elektro is part of Neoenergia group, the second largest distributer of electric power in Brazil, serving 13.6 million customers. Eletra is a leading meter provider in Brazil, and through this collaboration with Itron, Eletra will deploy 40,000 of its Ze
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