|By Business Wire||
|July 30, 2012 09:29 AM EDT||
Silver Spring Networks, a leading networking platform and solutions provider for smart energy networks, announced today that it has been selected by CPFL Energia for a foundational smart grid networking project across the company's distribution area in Brazil, including parts of the states of Sao Paulo, Rio Grande do Sul, Paraná and Minas Gerais. The standards-based Silver Spring Smart Energy Platform will enable CPFL to deploy a robust smart grid infrastructure for a diverse range of commercial and industrial customers throughout its concession area. After the initial widespread commercial and industrial deployment, this already deployed infrastructure can be used for the expansion of smart grid coverage for Low Voltage (residential) clients and can facilitate new Distribution Grid automation projects.
CPFL Energia is a holding company that, through its subsidiaries, distributes, generates and commercializes energy in the Brazilian electricity sector, and also operates in the segment of value-added services. With 13.0% of the market share, CPFL Energia heads the distribution segment through its eight distributors, which serve 569 municipalities in the States of São Paulo, Rio Grande do Sul, Paraná and Minas Gerais.
"CPFL is the largest non-state owned (private) electric energy company in Brazil, and a leading innovator in this market. We are honored to have been chosen to help the company improve its services to its clients," said Eric Dresselhuys, Executive Vice President of Global Development at Silver Spring Networks. "Our proven, standards-based networking platform creates an open and interoperable base on which smart grid applications can be implemented, bringing electricity industry innovation to an increasing number of Brazilian consumers."
"We are very pleased to have Silver Spring Networks partner with us to bring an open, standards-based smart grid to Brazil," said Mauro Carmello, Manager of Operations and Automation at CPFL Energia. "CPFL is adopting a Telecom infrastructure technology which will allow introduction of smart grids in Brazil and, for that, we are counting on Silver Spring to set a global benchmark in how we provide our clients with power and information. We believe that the smart grid system will significantly improve the Company's operating efficiency, particularly in terms of energy metering, automation and network operation processes."
The Silver Spring Networks Smart Energy Platform combines advanced networking infrastructure, software and services to enable a wide range of smart grid applications. Silver Spring’s proven technologies, growing partner ecosystem, and broad customer adoption have led to more than 12 million homes and businesses networked on its Smart Energy Platform worldwide.
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About Silver Spring Networks
Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. Silver Spring has networked over 12 million homes and businesses throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring’s innovative products enable utilities to gain efficiencies, integrate renewable energy sources and empower customers to monitor and manage energy consumption. Silver Spring Networks is used by major utilities around the globe including Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth Edison, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric and Pepco Holdings, Inc., among others. For more information please visit www.silverspringnet.com
About CPFL Energia
CPFL Energia is the largest private group in Brazil's electricity sector, distributing, generating and commercializing energy, and also operating in the segment of value-added services. With a 13% share of the energy distribution market, it is market leader serving 7 million consumers in the States of São Paulo, Rio Grande do Sul, Minas Gerais and Paraná. A benchmark for operational efficiency, the company has stepped up its investments in smart grid technologies as well as loss reduction and energy efficiency programs. Since its 2004 IPO, CPFL Energia shares have been listed on the BM&F Bovespa New Market and at ADR Level III on the NYSE, markets that require the highest level of corporate governance, and for the seventh consecutive year, the company's shares have been included in the BM&FBovespa ISE - Corporate Sustainability Index portfolio.
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