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Tech & Innovation
3 mins to read
1

Mercury sells smart metering business

Why did an Aussie company pay a hefty sum for the business?

Dane Ambler Mon, 17 Dec 2018

Electricity generator and retailer Mercury NZ has announced the sale of its smart-metering business, Metrix, to Australian-based intelliHUB for $270 million.

Metrix provides advanced metering infrastructure and services to New Zealand's electricity retailers. The Auckland-based business employs

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Dane Ambler Mon, 17 Dec 2018
Contact the Writer: dane@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Mercury Metrix fraser whineray
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