Lowri Beck is delighted to announce that following its exciting new alliance with Calvin Capital, an exclusive agreement has been reached with Green Star Energy covering the procurement and installation of their entire SMETS2 smart meter programme.
The agreement forms part of the Calvin Capital and Lowri Beck new joint offering that provides UK energy suppliers with a complete end to end SMETS2 solution, including smart meter funding, installation and ongoing maintenance services.
“This is a fantastic milestone for the new Lowri Beck and Calvin Capital alliance in developing what the parties believe is a truly market leading proposition to meet the smart metering needs of UK energy suppliers both large and small. We are very excited to be partnering exclusively with Hudson Energy, a fast growing, independent energy supplier and look forward to supporting them in bringing the benefits of smart metering to their customers” said Jon Parr, Lowri Beck’s Managing Director.
Chris Ronketti, Head of Residential Operations for Hudson Energy said: “We are very pleased to be working with Lowri Beck and Calvin Capital on our SMETS 2 programme. We look forward to extending the relationship to cover additional asset types, designed to deliver additional benefits to our customers as part of our smart meter rollout.”
Lowri Beck, based in Wigan, is one of the leading metering services businesses providing energy suppliers with national meter installation, meter reading, data collection and contact centre services.
Calvin Capital is based in Manchester and is one of the UK’s leading owners and financiers of domestic gas and electricity meters and has been successfully providing support for energy suppliers’ metering deployments since 2002. Calvin Capital is owned by funds managed by Kohlberg Kravis Roberts, a global investments firm which manages over $195bn of assets across multiple sectors.
Green Star Energy is Hudson Energy Supply UK Limited’s residential trading arm and part of the Just Energy Group (NYSE:JE, TSX:JE), a leading energy retailer and supplier of renewable energy serving 1.6 million customers across North America. Green Star Energy’s customers enjoy exclusive benefits that go beyond the supply of gas and electricity. Find out more at MyGreenStarEnergy.com.
*Source: Ofgem Annual Report 2017-18