STOCK TITAN

Landis+Gyr Will Provide Advanced Metering Technology for EPCOR Water Meters in City of Edmonton

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Landis+Gyr (OTC-PINK: LDGYY, SIX: LAND) has signed a contract with EPCOR Water to implement advanced metering infrastructure (AMI) for approximately 270,000 water meters in Edmonton. The contract encompasses RF Mesh Series 5 water modules, software upgrades, and enhanced network security, utilizing the existing RF mesh network that supports 435,000 electric meters. The project, which aims to enhance leak detection and monitoring capabilities, is expected to be completed by the end of 2025. This implementation is part of Landis+Gyr's Gridstream® Connect platform, which connects intelligent devices and optimizes resource management.

Positive
  • New contract with EPCOR Water for AMI technology, enhancing growth potential.
  • Project targets deployment for 270,000 water meters, expanding market presence.
  • Utilizes existing RF mesh network, optimizing operational efficiencies.
Negative
  • None.

EPCOR will deploy AMI modules for approximately 270,000 water meters using Landis+Gyr's Gridstream® Connect network

ATLANTA, April 12, 2023 /PRNewswire/ -- Landis+Gyr (SIX: LAND) has signed a contract with EPCOR Water to provide AMI technology and related services for water meters in the City of Edmonton.

Landis+Gyr

The agreement includes RF Mesh Series 5 water modules for water meters, software upgrades and implementation of advanced network security. A component of the Gridstream® Connect platform, the water modules will operate on the utility's existing RF mesh network, which currently supports about 435,000 advanced electric meters. The project is expected to be complete by the end of 2025.

Gridstream Connect provides utilities with a flexible platform to connect intelligent devices, such as smart meters, streetlights, load management and distribution sensors, for measuring and monitoring energy and water resources. 

"With Gridstream, EPCOR is able to leverage its electric network and operating system to extend AMI to their water customers," said Chuck Yechout, Vice President of Sales and Marketing at Landis+Gyr. "Our AMI solution for water not only supports advanced capabilities such as leak detection, reverse flow, and tamper detection, but it also provides flexible installation options to best fit the needs of the utility."

About EPCOR Utilities Inc.

EPCOR, through its wholly owned subsidiaries, builds, owns and operates electrical, natural gas and water transmission and distribution networks, water and wastewater treatment facilities, sanitary and stormwater systems, and infrastructure in Canada and the United States. The Company also provides electricity, natural gas and water products and services to residential and commercial customers. EPCOR, headquartered in Edmonton, is committed to conducting its business and operations safely and responsibly. Environmental stewardship, public health and community well-being are at the heart of EPCOR's mission to provide clean water and safe, reliable energy. EPCOR is an Alberta Top 75 employer, and is ranked among Corporate Knights' 2022 Best 50 Corporate Citizens in Canada.

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided more than 9 million tons of CO2 in FY 2021, Landis+Gyr manages energy better – since 1896. With sales of USD 1.5 billion in FY 2021, Landis+Gyr employs around 7,500 talented people across five continents. For more information, please visit our website www.landisgyr.com.

Contact

Landis+Gyr
Dan Jacobson | Regional Contact North America
Senior Marketing Communications Manager
Dan.Jacobson@landisgyr.com
320-307-7486

Logo: https://mma.prnewswire.com/media/1672109/Landis_Gyr_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/landisgyr-will-provide-advanced-metering-technology-for-epcor-water-meters-in-city-of-edmonton-301794715.html

SOURCE Landis+Gyr

FAQ

What is the new contract signed by Landis+Gyr with EPCOR?

Landis+Gyr signed a contract with EPCOR Water to provide AMI technology for approximately 270,000 water meters in Edmonton.

When is the Landis+Gyr and EPCOR project expected to be completed?

The project is anticipated to be completed by the end of 2025.

What technology will Landis+Gyr implement for EPCOR?

Landis+Gyr will deploy RF Mesh Series 5 water modules along with software upgrades and network security.

How many electric meters currently use EPCOR's existing network?

EPCOR's existing RF mesh network currently supports about 435,000 advanced electric meters.

What are the benefits of Landis+Gyr's Gridstream® Connect platform?

Gridstream® Connect allows utilities to connect intelligent devices for efficient energy and water resource management.

LANDIS GYR GROUP AG U/ADR

OTC:LDGYY

LDGYY Rankings

LDGYY Latest News

LDGYY Stock Data

2.15B
115.57M
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States of America
Zug