ITRI Itron Inc.

Alectra to Deploy Itron’s Distributed Intelligence Technology for Grid Modernization

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, is supporting to modernize and improve the utility’s electric distribution grid performance and enable value added services for its 1M+ customers.

As part of the project, Alectra is deploying Itron’s Gen5 Riva meters, multi-purpose industrial IoT (IIoT) network solution and utility management software suite, , designed to help collect and manage electricity consumption data and enable real time decision making.

Itron’s next generation meter technology has distributed intelligence and grid edge capabilities. Distributed intelligence provides utilities with the ability to transform their business operations through powerful edge computing capabilities that allow for unprecedented visibility and control in low and medium voltage distribution networks. Maximizing the benefits of advanced metering infrastructure, utilities can also take advantage of next-generation applications such as enhanced outage detection, electric vehicle management and more.

“The decision to renew our end-of-life metering infrastructure comes at an important time when advancements in technology are paving the way for a modernized grid,” said Shelley Parker, vice president of Metering at Alectra. “Together with Itron, we are preparing to meet the demands of increased electrification, empowering customers to manage their energy requirements and costs, and advancing energy sustainability.”

“Itron’s proven solution gives Alectra the foundation to bring energy innovation to life and enabling grid modernization and sustainability,” said John Marcolini, senior vice president of Networked Solutions at Itron. “Itron’s robust IIoT network combined with its distributed intelligence capabilities enable a new approach to consumer engagement, grid operations and smart city applications – from every single meter.”

Alectra plans to gradually replace its metering infrastructure over the next decade, ensuring a seamless transition to the new technology.

About Alectra’s Family of Companies

Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

  • Twitter:
  • Facebook:
  • Instagram:
  • LinkedIn:
  • YouTube:

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: .

Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

  • LinkedIn:
  • Twitter:
  • Newsroom:
  • Blog:

 

EN
24/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Itron Inc.

 PRESS RELEASE

Itron Announces Second Quarter 2025 Financial Results

Itron Announces Second Quarter 2025 Financial Results LIBERTY LAKE, Wash., July 31, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2025. Key results for the quarter include (compared with the second quarter of 2024): Revenue of $607 million;Gross profit of $224 million, increased 6%;GAAP net income attributable to Itron, Inc. of $68 million, increased $17 million;GAAP diluted earnings per share of $1.47, increased $0....

 PRESS RELEASE

Itron Announces Participation at Upcoming Investor Conference

Itron Announces Participation at Upcoming Investor Conference LIBERTY LAKE, Wash., July 23, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will participate virtually in the Oppenheimer 28th Annual Technology, Internet & Communications Conference to be held Aug. 11, 2025. Tom Deitrich, president and chief executive officer, and Joan Hooper, senior vice president and chief financial officer, will represent the Company in a fireside chat at 12:25 p.m. Eastern Daylight Time. Inte...

 PRESS RELEASE

Itron to Announce Second Quarter Results on July 31, 2025

Itron to Announce Second Quarter Results on July 31, 2025 LIBERTY LAKE, Wash., July 10, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended June 30, 2025 before market opens on Thursday, July 31, 2025. The company’s press release and financial statements will be available on the company’s website at on July 31, 2025 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT to discuss the results. Interested parti...

 PRESS RELEASE

Itron Celebrates Shipment of 2 Millionth Cyble™ 5 Communication Module

Itron Celebrates Shipment of 2 Millionth Cyble™ 5 Communication Module French Water Provider, Metz Eurométropole Water Utility, Receives Milestone Module LIBERTY LAKE, Wash., June 25, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has shipped more than 2 million of its . French water utility, , is the recipient of the two millionth module. The water provider is deploying Itron Cyble 5-equipped water meters in support of its migration from automated meter reading (AMR) to advanced metering infrastruct...

 PRESS RELEASE

HEDNO Advances Grid Modernization with Itron Intelligent Edge Solution...

HEDNO Advances Grid Modernization with Itron Intelligent Edge Solution in Greece HEDNO Leverages Itron’s AMI and MDM Solutions to Enable Real-Time Insights, Efficiency and Flexibility at the Grid Edge LIBERTY LAKE, Wash., June 24, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, signed a contract on May 28, 2025 with Hellenic Electricity Distribution Network Operator S.A. (), the sole electricity Distribution System Operator in Greece and one of the largest in Europe, to lay the foundation for grid edg...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch