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Landis+Gyr committed to supply about 20% of the planned rollout of the next 13 million Linky smart meters in France by 2023 under new contracts with Enedis. The contracts also cover supply for SEI, the EDF subsidiary for Corsica and the French overseas departments.
Landis+Gyr and Pacific Equity Partners agreed to form a joint venture, intelliHUB Holdings, to acquire the Acumen smart metering business from Origin Energy in Australia, with combined equity value up to AUD 75 million.