Smart City & Utility Industry News

Mergers and AcquisitionsEnergySmart GridIberdrolaAvangridUSA

Iberdrola Completes Full Acquisition of Avangrid Shares, Strengthens U.S. Presence

Jan 6, 2025

Iberdrola, a global energy utility based in Spain, has completed the acquisition of the remaining 18.4% of shares in its U.S. subsidiary, Avangrid, further strengthening its position in the North American energy market. Avangrid shareholders will...

New Project (Pilot)WaterWater Corporation (WA)ItronAustralia

Perth Upgrades Water Distribution with Itron’s Advanced Metering Solution

Dec 22, 2024

Water Corporation (WA) is upgrading Perth’s water distribution system in collaboration with Itron. The partnership will deploy Itron’s Temetra® platform, a cloud-based, multi-vendor meter data management solution, across 16,000 new smart water...

New Project (Full-Scale)Smart GridEnergyItronXcel EnergyUSA

Xcel Energy Partners with Itron to Enhance Colorado’s Energy Grid

Dec 22, 2024

Electric utility and natural gas delivery company Xcel Energy is collaborating with Itron to manage the increasing number of distributed energy resources (DERs) in Colorado. The partnership involves deploying Itron’s Aggregator Distributed Energy...

New Project (Full-Scale)Mobility and TrafficHayden AISacramento Regional Transit (SacRT)USA

SacRT to Install AI-Enabled Cameras on Buses to Combat Illegal Parking

Dec 22, 2024

Sacramento Regional Transit (SacRT) is planning to install AI-powered cameras on up to 100 buses across the Sacramento area to enforce parking laws at bus stops. The initiative partners with Hayden AI, a California-based firm, to utilize artificial...

Public FundingWaterUK

Ofwat Announces £104 Billion Investment to Revamp UK Water Sector

Dec 22, 2024

Ofwat (Office of Water Services) has unveiled a transformative £104 billion investment plan aimed at delivering substantial and lasting improvements for both customers and the environment within the UK water sector. David Black, Chief Executive of...

FundingBuilding EfficiencyEKORSOM S.p.AItaly

EKORE Raises €1.3 Million to Advance Digital Twin Solutions for Smart Building Management

Dec 22, 2024

Digital twin startup EKORE has raised €1.3 million in seed funding, marking Italy’s largest investment in the digital twin and proptech sectors this year. EKORE’s innovative cloud-based platform acts as a “digital brain” for buildings by...

New Project (Full-Scale)Smart GridEnergyLumaItronUSA

LUMA Launches Next Phase of Smart Meter Initiative in Puerto Rico

Dec 19, 2024

LUMA the Puerto Rican company that operates and manages the electric power transmission and distribution system in Puerto Rico has announced a major milestone in its grid modernization efforts with the launch of the next phase of its Smart Meter...

Mergers and AcquisitionsStreet LightingGEWISSTVILIGHT

GEWISS Acquires 75% of Smart Lighting Specialist TVILIGHT

Dec 19, 2024

GEWISS has acquired a 75% stake in TVILIGHT, a company specialised in the smart city lighting sector. The acquisition aims to enhance GEWISS’s offerings by integrating TVILIGHT’s expertise in advanced smart lighting control solutions,...

Project ReportWaterScottish WaterUK

Scottish Water Installs 1,000 New Sewer Monitors to Enhance Environmental Protection

Dec 19, 2024

Scottish Water has successfully installed 1,000 new Event Duration Monitors across its sewer network as part of a £500 million investment program aimed at transforming the country’s wastewater infrastructure and safeguarding the environment. The...

Public FundingStreet LightingInstituto para la Diversificación y Ahorro de la Energía (IDAE)Spain

Over €150 Million Allocated for Sustainable Municipal Lighting Projects in Spain

Dec 19, 2024

The Spanish government has approved a second round of funding totaling €155 million for sustainable municipal lighting projects, aiming to enhance street lighting across cities. Managed by the Institute for Diversification and Energy Savings...