Itron to Modernize Electric Grid in Borås, Sweden

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LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, signed a contract with Borås Elnät, an electricity provider in the city of Borås in Västra Götaland County, Sweden, to deploy its Industrial IoT network and replace the utility’s existing meters with 46,000 smart electric meters from Itron. The solution will also enable Borås Elnät to lay the foundation for future smart city and energy efficiency initiatives to meet the utility’s evolving needs. “We are committed to providing a stable, well-functioning electricity and communications network for our customers,” said Richard Bern, CEO of Borås Elnät. “With Itron’s multi-application network and smart devices, Borås Elnät will be able to realize its energy efficiency and customer service goals today while preparing for the future.” Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas, heat and water resources for the people they serve.

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