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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 Image: Shutterstock 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. ....
Date Time Macquarie agrees to sell UK commercial and industrial smart meter portfolio to Energy Assets Group Macquarie Specialised and Asset Finance (Macquarie) – part of Macquarie’s Commodities and Global Markets Group – has successfully divested Cortex Metering Solutions (CMS), a UK industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group (Energy Assets). With more than 600,000 meters rented to more than 80 energy suppliers throughout Great Britain (GB), CMS is a leading Meter Asset Provider (MAP) in the GB I&C sector. Energy Assets is one of Britain’s fastest growing independent I&C multi-utility metering and data services businesses, helping public and private sector organisations improve their energy efficiency through ground-breaking analytics and innovative customer-focused processes. The company also designs, constructs, adopts, and owns multi-utility networks. ....