Itron to Boost Grid Management with Elpis Squared Acquisition

Published on March 20, 2024

Itron has announced its acquisition of Elpis Squared for $35 million, enhancing its Grid Edge Intelligence offerings with a focus on utility grid software solutions. This move brings Elpis Squared’s expertise in grid planning, operations, and engineering into Itron’s fold, aiming to support utilities in the energy transition more effectively. Elpis Squared’s solutions are to be integrated with Itron’s advanced metering infrastructure (AMI) and data analytics to offer comprehensive grid management and optimization. This combination is expected to improve grid performance metrics and facilitate accurate low-voltage grid scenario planning.

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