Cielis Illuminates the City of Paris with Itron’s Intelligent Streetlights for 10 Years

Rhea-AI Summary

Itron (NASDAQ: ITRI) announced a collaboration with Cielis to manage nearly 200,000 smart streetlights in Paris for the next 10 years. The project, utilizing Itron's CityEdge portfolio, aims to reduce energy usage by 30% and improve streetlight performance. The system will enable remote control and programming of streetlights, synchronize traffic lights to optimize traffic patterns, and reduce carbon emissions. This extends Itron's relationship with Paris that began in 2015 with the city's initial IoT network investment. The solution builds on Itron's global presence of 270 million IoT endpoints across 8,000 customers in over 100 countries.

Positive

• 10-year contract secured for managing Paris' smart streetlight infrastructure
• Project targets 30% energy reduction in public lighting
• Extends existing relationship with Paris from 2015
• Manages substantial infrastructure of 200,000 smart streetlights

Negative

• None.

Insights

Market Research Analyst

This 10-year contract extension with Paris represents a significant strategic win for Itron. Managing 200,000 smart streetlights in a major global city strengthens Itron's position in the smart city infrastructure market. The deal's value lies in both immediate revenue generation and potential expansion opportunities.

The commitment to achieve 30% energy reduction demonstrates the scalability of Itron's technology. With 270 million IoT endpoints globally, this Paris implementation serves as a powerful reference case for other major cities considering similar infrastructure upgrades. The long-term nature of the contract provides stable recurring revenue and positions Itron to capture additional smart city applications as Paris expands its digital infrastructure.

Itron and Cielis Collaborate to Increase Sustainability and Drive Innovation with Smart Lighting Systems for the City of Paris

LIBERTY LAKE, Wash., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced a collaboration with Cielis, a consortium of Dalkia Electrotechnics and a subsidiary of Eiffage, to continue Itron’s management of the City of Paris’ nearly 200,000 smart streetlights across the city.

With Itron’s CityEdge portfolio, Cielis will manage the streetlights on behalf of the city to help reduce energy usage and improve the performance and reliability of the streetlights while enabling the city to increase sustainability, drive innovation and protect biodiversity. With this contract, Itron is extending its relationship with the City of Paris, which began in 2015, when the city made its original investment in a citywide IoT network.

Using Itron’s CityEdge portfolio, including IoT network and industry leading smart city central management software, Cielis will remotely control and program the streetlights. As part of the 10-year contract, the city is enhancing the safety and quality of life for City of Paris residents by closely synchronizing traffic lights in real time to optimize traffic patterns, reduce congestion and lower carbon emissions depending on the time of day.

“Like many major cities around the world, Paris is facing energy, environment and biodiversity concerns that have driven the need for a more streamlined, energy-efficient public lighting management system,” said Maxime Desrousseaux, president of Cielis. “We look forward to working with Itron to improve streetlight efficiencies, meet climate change goals and improve quality of life throughout the City of Paris.”

“Itron is excited to collaborate with Cielis and the City of Paris to achieve 30% energy reduction in public lighting,” said John Marcolini, senior vice president of Networked Solutions at Itron. “Itron’s robust IoT network platform supports multiple applications, such as smart streetlights, making it easy for the city to innovate and roll-out future smart city applications. We look forward to collaborating with Cielis to transform Paris’ public lighting infrastructure into a brighter, safer and more resourceful city.”

The solutions within CityEdge build on Itron’s proven scale with more than 270 million IoT endpoints deployed globally to over 8,000 customers in more than 100 countries. The portfolio takes the capabilities of devices and networks to the next level by collecting strategic data, unlocking actionable insights for improved decision making and quicker response.

To learn more about the CityEdge portfolio and experience demonstrations in public safety, traffic monitoring, sustainability, smart lighting, and energy and water management, visit Itron in booth B61 in Hall 3 at Smart City Expo World Congress in Barcelona, Spain, Nov. 5-7, 2024. Additionally, details can be found on the CityEdge webpage.

About Itron
Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com.

Itron and the Itron Logo are registered trademarks of Itron, Inc in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

For additional information, contact:

Itron, Inc.

Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com

FAQ

What is the duration of Itron's (ITRI) new contract with Paris for streetlight management?

Itron's (ITRI) new contract with Paris for streetlight management is for 10 years.

How many smart streetlights will Itron (ITRI) manage in Paris?

Itron (ITRI) will manage nearly 200,000 smart streetlights across the City of Paris.

What energy reduction target has Itron (ITRI) set for Paris' public lighting?

Itron (ITRI) aims to achieve a 30% energy reduction in Paris' public lighting.

When did Itron's (ITRI) original relationship with Paris begin?

Itron's (ITRI) relationship with Paris began in 2015 when the city invested in a citywide IoT network.