Aclara buys Apex smart grid division
January 18, 2017
St Louis based smart infrastructure tech provider Aclara Technologies has bought the Smart Grid Solutions (SGS) division of Apex CoVantage. The transaction includes the ProField mobile workforce management technology used for smart grid deployments as well as the Smart Grid Professional Services business comprising utility field services and consulting.
In a statement, Aclara said that the acquisition allows it to offer a "comprehensive end-to-end solution including installation services and provision of field labour". The company says it will now be able to provide turnkey productivity and cost reduction solutions to energy utilities.
Aclara's services include meters and edge devices, advanced metering infrastructure (AMI), head-end and consumer engagement software, installation services and provision of labour.
"The addition of SGS's highly regarded ProField technology and professional services business adds another game-changing dimension to our capabilities and clearly demonstrates Aclara's focus on being the world's leading end-to-end full-service provider of smart infrastructure solutions," said Allan Connolly, Chief Executive Officer and President of Aclara.
Aclara will integrate both ProField and Smart Grid Professional Services into its portfolio of leading-edge solutions for electric, gas and water utilities under the brand name Aclara SGS. Utilities that have selected the ProField technology include Consolidated Edison, Inc., Arizona Public Service (APS), and Habersham Electric Membership Corporation (Habersham EMC).
The contract with Consolidated Edison Company of NY, and Orange and Rockland Utilities, both regulated operating companies of Consolidated Edison, includes the installation of electric smart meters and gas smart modules as part of a plan to deploy Advanced Metering Infrastructure across Consolidated Edison's and Orange & Rockland's service territories. It also includes building the supporting communications network in Orange & Rockland's service territory. Approximately 3.9 million electric meters and 1.3 million gas meters are involved.
The SGS acquisition follows the August 2016 purchase of the smart grid business from Tollgrade Communications, which included the grid monitoring platform comprising smart grid sensors and Predictive Grid Analytics software. In December 2015, Aclara purchased the electric meters business operating within GE Energy Management's Grid Solutions subdivision.