Macquarie sells I&C smart meter portfolio to Energy Assets Group
It has divested Cortex Metering Solutions (CMS), a Meter Asset Provide in the UK I&C sector with more than 600,000 meters rented to more than 80 energy suppliers
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Macquarie Specialised and Asset Finance has announced the sale of its industrial and commercial (I&C) smart meter portfolio in the UK to Energy Assets Group.
It has divested Cortex Metering Solutions (CMS), a Meter Asset Provider (MAP) in the UK I&C sector with more than 600,000 meters rented to more than 80 energy suppliers.
Smart meters provide energy consumption data to customers and energy suppliers in near real-time, with the rollout a key enabler towards a more efficient energy system and gives customers more information and control over their energy use.