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Stock impact report

Itron to Modernize Electric Grid in Borås, Sweden

Itron, Inc. (ITRI) 
Last itron, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.itron.com/investor-relations
Company Research Source: Business Wire
Borås Elnät to Deploy Itron’s Industrial IoT Network and Smart Electric Meters to Meet New Functional Requirements in Sweden LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, signed a contract with Borås Elnät, an electricity provider in the city of Borås in Västra Götaland County, Sweden, to deploy its Industrial IoT network and replace the utility’s existing meters with 46,000 smart electric meters from Itron. The deployment will equip the utility to meet new regulatory demands that will take effect in Sweden in 2025.With Itron’s solution, which will include project management and implementation, Borås Elnät will enhance visibility into the operation of its electricity distribution network with access to near real-time information on energy use and grid operations, which will enable its customers to use energy more efficiently. With the ability to quickly detect unusual grid conditions, the Show less Read more
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