São Paulo, Brazil and Raleigh, NC, U.S.A. --- (METERING.COM) --- July 31, 2012 - Sensus and Silver Spring Networks are the latest companies to expand their presence in Brazil’s growing smart energy market – the former with an acquisition, the latter with a major smart grid project.
Sensus has acquired a 15 percent equity position in the Brazilian technology company CAS Tecnologia. Founded in 2000, CAS develops, among other products, software and hardware for advanced metering infrastructure and distribution automation applications. Under the agreement Sensus will distribute its Hemera(R) utility data management platform – currently installed in 16 of Brazil’s top 26 power distribution companies – in the global marketplace.
“This is the latest step in our strategic growth initiative, which is to accelerate our presence in targeted markets, expand our offerings in the smart water network and smart grid markets and accelerate the adoption of our core technologies in one of the fastest growing economies in the world,” said Jose Antonio Hernandez, Sensus executive vice president. “We see tremendous opportunities for both Sensus and CAS in the Americas and worldwide.”
Silver Spring has been selected by CPFL Energia for a foundational smart grid networking project across the company's distribution area, which includes parts of the states of Sao Paulo, Rio Grande do Sul, Paraná and Minas Gerais. The project will be based on Silver Spring’s Smart Energy Platform and will be deployed to commercial and industrial customers, with the potential for future expansion to low voltage residential clients.
“CPFL is the largest non-state owned (private) electric energy company in Brazil, and a leading innovator in this market. We are honored to have been chosen to help the company improve its services to its clients,” said Eric Dresselhuys, executive vice president of Global Development at Silver Spring Networks.
IBM is providing consultation on this project, which also involves eMeter providing its EnergyIP® meter data management platform.
With this project, Silver Spring is expanding its footprint in Brazil, which also includes a 1,000 home smart grid pilot with AES Eletropaulo in São Paulo – a project on which Brazilian metering company Senergy, which last month was acquired by Siemens, is also involved.