Projects, tenders, funding and deals in smart water, mobility, lighting, energy and IoT, reported every day by the Kurrant news desk.
Iberdrola sells its UK smart metering unit to Macquarie for €1.06 billion, transferring 2.7 million meters as it divests non-core assets.
V2XLACROIX Completes Sale of City-Mobility Segment to SWARCOLACROIX sells its City-Mobility segment with €27.3 million in revenue to SWARCO, expanding the buyer's traffic operations in France and Spain.
WaterDuPont Cancels Planned Spin-Off of Water BusinessDuPont cancels the tax-free spin-off of its water business, opting to retain the unit which generated $1.5 billion in net sales in 2023.
EnergyIberdrola Plans UK Smart Metering SaleIberdrola explores the sale of its UK smart metering business to raise around £1 billion. Subsidiary ScottishPower manages over 2.5 million meters.
Mobility and TrafficLACROIX Enters Exclusive Negotiations with SWARCO for City-Mobility SaleLACROIX negotiates the sale of its Traffic and V2X units in France and Spain, which generated €27.3 million, to Austria-based SWARCO.
EV ChargingEngie Shuts Down EVBox Amid €800 Million LossesEngie closes EV charging provider EVBox in Amsterdam after 800 million euros in losses, cutting all but 30 of its 700 staff members.
WaterDuPont Announces Spinoff of Water Tech BusinessDuPont de Nemours plans to spin off its $1.5 billion water tech business by spring 2026 as part of a plan to split into…
Mobility and TrafficLACROIX Restructures and Plans Segment Sales CITY Mobility SaleLACROIX plans to sell its €27M mobility segment with sites in France and Spain to reinforce its 2025 industrial IoT solutions goal.
WasteRubicon Technologies Sells Smart City and Software DivisionsRubicon Technologies sells its fleet technology and smart city software to Rodina Capital for $94.2 million to focus on core waste management.
Mobility and TrafficLACROIX Refocuses on Core High-Tech VenturesLACROIX sells its road signs division, which generated €59 million in 2023, to AIAC to focus on public lighting, mobility, and energy networks.
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