RALEIGH, N.C., Aug. 20, 2012 /PRNewswire/ -- Elster (NYSE:
ELT) announced today that, at the invitation of the U.S. Trade and
Development Agency (USTDA), the company participated in a Reverse
Trade Mission with Mexican Smart Grid stakeholders, including
representatives from the Ministry of Energy (SENER), the Federal
Electricity Commission (CFE), an Elster customer, and the Energy
Regulatory Commission (CRE).
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Elster, an innovative provider of Smart Grid systems solutions
and a leading North American manufacturer of meters for
electricity, gas and water utilities, provided the delegation with
an overview of the company, highlighting Elster's history of
innovation and long-standing presence in the United States and Mexico. Elster's North American headquarters
and home of its North America
electricity business unit, Elster Solutions, is located in
Raleigh.
"Elster is pleased to have participated in this important
reverse trade mission to discuss our respective visions for grid
modernization and common interest in moving forward with expanding
Smart Grid deployment in Mexico,"
said Ed Myszka, president, Elster
Solutions.
"We have a long-standing relationship with CFE and we are
growing our presence in Mexico to
meet the increasing demand from CFE and other Elster customers in
North America," Myszka added.
Elster announced the expansion of its facility in San Luis Potosi, Mexico earlier this year.
The USTDA sponsored the Reverse Trade Mission to familiarize
Mexican regulatory and power utility company representatives with
the U.S. Smart Grid regulatory environment and advanced U.S. Smart
Grid technologies and equipment to support the implementation of
Smart Grid projects in Mexico. The
schedule included meetings with U.S. companies, U.S. government
agencies and trade associations, as well as site visits to electric
utilities.
Earlier this year, USTDA awarded a $405,000 grant to CRE to
support the development of a regulatory framework for Smart Grid
implementation in Mexico.
About Elster
Elster (NYSE: ELT) is one of the world's largest electricity,
gas and water measurement and control providers. Its offerings
include distribution monitoring and control, advanced smart
metering, demand response, networking and software solutions, and
numerous related communications and services – key components for
enabling consumer choice, operational efficiency and conservation.
Its products and solutions are widely used by utilities in the
traditional and emerging Smart Grid markets.
Elster has one of the most extensive installed revenue
measurement bases in the world, with more than 200 million metering
devices deployed over the course of the last 10 years. It sells its
products and services in more than 130 countries across
electricity, gas, water and multi-utility applications for
residential, commercial and industrial, and transmission and
distribution applications.
For more information about Elster, please visit www.elster.com
and follow us on Twitter at www.elster.com/twitter.
SOURCE Elster
