Latest
10h agoFriuli Venezia Giulia Council Backs Adaptive Streetlight Study After €156.6M Udine Crash Toll 10h agoNYC Department of Transportation Ends Automotus Curb Camera Pilot on the Upper West Side 10h agoAomori Prefecture Installs 12 AI Bear-Detection Cameras In Hakkoda Mountains After Fatal Attack 10h agoAjuntament d’Olot Puts Sewer Cameras and GIS Mapping on 161 Km Network 10h agoCity of São Paulo’s Smart Sampa Contract Allows €10.4M Fine After Data Exposure 10h agoHonolulu Emergency Management Plans $300K Flood Detection Pilot By June 2027 10h agoPuigcerdà Council Funds €373,000 Water Network Upgrade 10h agoRegione Basilicata Opens €18.8M Public Lighting Call For Comuni And Two Provinces 11h agoARENA Commits A$4M To JET Charge For Up To 130 V2G Fleet Vehicles In The ACT 14h agoInnovate UK And Private Investors Commit £750K To Go Eve’s DockChain Multi-Bay EV Charging
Kurrantly News · Weekly briefingThe week in smart cities and utilities, in one email
Share
Energy

Iberdrola Acquires Derryherk to Boost UK Smart Grid Efficiency

Kurrant News Desk · ·1 min read

Iberdrola has acquired the UK-based tech company Derryherk, through its British subsidiary, ScottishPower, to enhance the efficiency of its smart grids in the UK. This follows a successful partnership between the two companies, which improved data connectivity across ScottishPower’s network.

Derryherk’s technology helps detect issues, forecast capacity constraints, and manage low-voltage networks more effectively.

The acquisition aims to support Iberdrola’s commitment to zero emissions and expansion of its UK operations, where it plans to invest £12 billion between 2024 and 2028.

Kurrant M&A Advisory

Considering a deal like this?

Kurrant advises buyers, sellers and investors in smart city and utility technology, from target search to closing.

Recent mandates
  • Heyliot sale to BH Technologies
  • Engie: Flashnet sale to Lucy Group
  • Birdz (Veolia) business carve-out
Talk to our M&A team