We were founded in 2021 as a subsidiary of the Enel Group, the world’s leading privately owned distribution grid operator. Since December 2022 we have been jointly owned by Enel and the leading global alternative investment manager CVC Capital Partners, who support our mission of digitalizing power grids to accelerate the electric future.
Our DNA combines the agility of a startup with distinctive expertise in the world of smart grids.
We leverage Enel’s powerful legacy in operating distribution networks around the globe, testing new technologies in a variety of contexts and rolling out effective solutions. We have also inherited a significant intellectual property portfolio of more than 430 patents and our solutions are field-proven thanks to the over 20 years’ experience of the Enel Group, which is a world leader in advanced digital metering with more than 45 million installed smart meters, over 2.3 million kilometers of electricity transmission and distribution grids, and hundreds of thousands of remote control points serving more than 75 million customers.
Thanks to a decentralized global organization, our highly skilled, diversified and dynamic team is perfectly positioned to work with DSOs everywhere in the world, understanding their needs and offering tailored solutions. We serve developing as well as developed countries and manage infrastructure from rural areas to megacities.
We partner with DSOs to help them advance their power distribution networks. We develop end-to-end digital platforms that include metering, grid management, field operations. Our portfolio is designed as an open ecosystem, easy to integrate with Distribution System Operators' legacy systems, combining intelligent grid devices with ready-to-use modular applications, running at central level as well as on the edge and can be adapted to existing or emerging needs, also thanks to our network of research labs and partnerships. We work with world class technological partners, startups and innovators to constantly improve and expand our products and services. To this, we add in-depth knowledge of regulations, technical norms and requirements in different parts of the world.
Our solutions bring benefits to all actors in the electricity ecosystem:
For DSOs They increase service quality, reduce operating costs, optimize investments in new infrastructure, and enhance safety, productivity and sustainability.
For grid users They provide a platform to integrate distributed energy resources and facilitate the development of the energy service market.
For end customers They increase the reliability of the electricity supply, facilitate electrification, foster energy efficiency and make it easier to become active in energy markets.