Ancala has acquired a 50 percent stake in smart meter specialist Hausheld AG to support major smart meter rollouts in Germany.
Headquartered in Mönchengladbach, Hausheld AG is one of the largest independent smart metering operators in Germany. It has been offering municipal utilities modular solutions for a holistic smart meter rollout, which is certified by the German Federal Office for Information Security (BSI) since 2017.
The digital transformation of the energy industry is critical to Germany’s energy transition as it informs more intelligent energy usage. Hausheld AG’s smart meter solutions support Germany’s plans to achieve climate neutrality by 2045 by enabling municipal utilities to pursue citywide smart meter rollouts without any upfront costs. This supports the German government’s national smart meter rollout targets from 2025 onward.
Ancala’s investment and proactive support will provide Hausheld AG with additional funding and expertise to