EDMI Purchase of Energy Intellect Confirmed

Wellington-based metering company Energy Intellect has been purchased by EDMI Limited with operational control transferring to EDMI from 1 May 2012. EDMI Australasia Managing Director, Doug Ross, says, “EDMI’s purchase of Energy Intellect represents a positive step for EDMI by increasing our presence in the region. It provides EDMI with an improved ability to service our NZ-based customers and cements EDMI as a leader in the New Zealand smart metering market”. The newly established EDMI NZ Ltd – a wholly owned subsidiary of EDMI Limited, will now manage the contracts previously held by Energy Intellect.