Sensus purchases equity stake in Brazilian smart grid vendor CAS Tecnologia

Sensus purchases equity stake in Brazilian smart grid vendor CAS Tecnologia

Greentech Lead America: Sensus, a provider of smart grid
infrastructure technologies for electric, gas and water utilities, has
purchased 15 percent stakes in Brazilian smart grid vendor CAS Tecnologia
(CAS).

CAS develops software and hardware for advanced metering
infrastructure and distribution automation applications. By investing with CAS,
Sensus is looking to enter the Brazilian smart grid market. The partnership
also allows Sensus to leverage CAS’ communications and software technology
platforms and to distribute its Hemera utility data management platform globally.

The CAS Hemera technology platform is a simple and
continuous data network monitoring and analysis tool that helps utilities
manage complex processes.

“This is the latest step in our strategic growth
initiative, which is to accelerate our presence in targeted markets, expand our
offerings in the smart water network and smart grid markets and accelerate the
adoption of our core technologies in one of the fastest growing economies in
the world,” said Jose Antonio Hernandez, Sensus executive vice president.

The partnership allows CAS to expand into the rapidly
growing worldwide electric and water utility markets with Sensus smart
endpoints and communications technologies such as the two-way FlexNet wireless
network infrastructure.

Harnessing the value delivered by both companies’
technologies will provide cost-effective options to utilities deploying smart
grid and smart water networks.

“We foresee great potential in markets where Sensus
is an established utility solutions leader. Our partnership–by offering
communications, metering technologies and business analytics–will improve
operational and distribution efficiency for our valued utility customers around
the world,” said Welson Jacometti, president of CAS.

Sensus signs deal with Navetas Energy Management to offer
Navetas energy software

Recently, Sensus signed an agreement with Navetas Energy
Management to deliver Navetas’ energy management software. Navetas’ energy
management software accurately and intelligently monitor the electricity
consumption of discrete devices on their premise.

[email protected]