Liberty Lake, Wash.-based Itron Inc. and PrimeStone, a Bogota, Colombia-based smart grid solutions company, have executed a non-exclusive agreement to jointly promote and sell their energy solutions to utilities in Latin America.
According to the companies, the collaboration is dedicated to delivering a wide range of smart metering and smart grid benefits to utilities and end customers.
"Our agreement with PrimeStone clearly brings more options to the marketplace," says Gadner Vieira, general manager of Itron's energy group in Latin America. "This alliance presents an excellent opportunity for both companies to accelerate the adoption of smart metering to help utilities manage energy distribution and serve their customers."
Under this collaboration, both companies will offer Itron’s smart grid solution, and PrimeStone’s PrimeRead Energy Suite for residential, commercial and industrial meters will become part of the expanded product portfolio and integrated with Itron’s solution.
Within the suite, utilities can take advantage of PrimeRead’s Data Collection Engine, which provides a validation, estimating and editing engine to process the data, the companies add.
