Search Results for smart metering



Glasgow’s Smart Metering acquires and invests

Glasgow-based Smart Metering Systems plc announced two strategic investments, accelerating the group’s capabilities in the electric vehicle (EV) charging infrastructure asset class and further expanding its…








New finance chief at Smart Metering Systems

Glasgow-based Smart Metering Systems (SMS) said on Monday that its chief financial officer David Thompson will leave the group on March 31, 2021, “to pursue another…


Smart Metering Systems H1 profit soars 98%

Shares of Glasgow-based Smart Metering Systems (SMS) rose about 4% on Tuesday after it published results for the six months ended June 30, 2020, showing revenue…













Smart Metering Systems wins UK rental deal

Glasgow-based Smart Metering Systems (SMS) announced it has signed a new meter rental agreement with Utilita Energy “to provide an opportunity for over 100,000 new…



Smart Metering Systems up 20% to £41.3m

Glasgow-based Smart Metering Systems (SMS) said total annualised recurring income increased by 20% to £41.3 million as at December 31, 2016. The company’s shares have soared about…


Smart Metering revenue up 25% to £32.3m

Glasgow-based Smart Metering Systems (SMS) said its revenue rose 25% to £32.3 million and its statutory profit before tax jumped 23% to £9.1 million in the half year ended…


Smart Metering wins First Utility deal

Glasgow-based Smart Metering Systems (SMS) said it signed a “framework agreement” with First Utility as its “preferred domestic smart meter asset provider.” First Utility currently supplies energy to…


Board changes at Smart Metering Systems

Glasgow-based Smart Metering Systems (SMS) has appointed Macfarlane Group chairman Graeme Bissett as a non-executive director. Bissett will become chair of the SMS audit committee while Miriam Greenwood, who currently…



Livingston’s Energy Assets in £690m refinancing

Livingston-based smart metering firm Energy Assets Group announced it has completed a £690 million refinancing package, including £185 million of capital expenditure (capex) facilities. Energy Assets said it…




Investors warm to £209m Energy Assets bid

Livingston-based smart metering firm Energy Assets Group said on Wednesday it agreed to an improved takeover offer of £209 million in cash from funds controlled by US asset manager Alinda Capital…


Takeover target Energy Assets’ revenue up 25%

Livingston-based industrial smart metering firm Energy Assets Group, which has agreed to be acquired for £198 million by funds controlled by US infrastructure asset manager Alinda Capital Partners, said on…


Energy Assets shareholders threaten £198m deal

A group of shareholders who control 22.6% of Livingston-based industrial smart metering firm Energy Assets Group said on Wednesday they would vote against a £198 million takeover deal unless Energy…


Energy Assets agrees to be bought for £198m

Livingston-based gas metering company Energy Assets Group said on Monday it agreed to be acquired by funds controlled by US infrastructure asset manager Alinda Capital Partners for about £198 million. Alinda…