Augusta, ME and Redwood City, CA, U.S.A. --- (METERING.COM) --- July 16, 2010 - Central Maine Power (CMP) has selected Trilliant Incorporated to provide a complete smart grid communications network and advanced meter infrastructure solution, with installation of smart meters for all of its 620,000 residential, commercial, and industrial customer accounts beginning later this summer.
The deployment will use Trilliant’s SecureMesh™ communications network to provide a comprehensive high bandwidth private wide area network (WAN) and neighborhood area network (NAN) that interconnects meters and other smart grid-enabled devices to enable consumer energy management. Trilliant’s UnitySuite™ head-end software will be used to manage the smart grid network. Other services include prime supply of electric meters, network design and installation services, software integration, and project management.
Trilliant has partnered with other companies to bring a best-in-class solution to the Maine project. General Electric and Landis+Gyr are providing electric meters and IBM is providing Tivoli Netcool software integrated with UnitySuite applications for robust and scalable service management of Iberdrola’s smart grid communications infrastructure.
CMP is part of Iberdrola USA, a group of companies serving nearly 3 million gas and electric customers in five northeastern states. CMP was awarded $96 million under the Smart Grid Investment Grant program of the U.S. Department of Energy authorized under the American Reinvestment and Recovery Act. CMP's service area encompasses roughly the southern third of the state, but accounts for nearly 80% of consumer sales of electricity in Maine. Matching funding from the corporation will bring the total investment to nearly $200 million.
“We have ambitious goals to improve our service and deliver value for customers through our smart grid network,” said Sara Burns, CMP president and CEO.
The Maine project is Iberdrola's first smart grid project in the U.S. CMP expects to complete the installations by early 2012. The system will improve the company's operations and customer service. It will also enable electricity supply companies and Maine regulators to work toward creating new benefits for consumers such as flexible rate schedules, lower energy costs, and peak demand load shifting and load shedding programs.
“We are thrilled to be working with a company that is part of one of the world’s largest global utilities on this leading project,” said Andy White, president and CEO of Trilliant. “Central Maine Power has an aggressive schedule, challenging terrain, and strong value commitments to their customers and shareholders.”
In other news Trilliant has announced that it has closed financing totaling $106 million from a global syndicate of financial and industry leaders, including ABB and GE. The financing, which was coordinated by Deutsche Bank, will be used to finance Trilliant's continued growth in North America and globally.