Smart Metering Systems (SMS), which installs and manages smart meters and carbon reduction assets (CaRe), has partnered with Columbia Threadneedle Sustainable Infrastructure Fund (ESIF) to invest in the U.K. smart meter roll-out.
SMS said the partnership will enable the company to develop a pipeline of carbon reduction asset opportunities, while allowing ESIF to acquire sustainable assets on behalf of its investors.
SMS said it has identified a pipeline of opportunities across a number of vertical markets that are at various stages of development, from initial proposals through to feasibility studies and trial stages. The CaRe assets identified include energy efficiency systems, energy storage, distributed generation and EV charging.
The customer base for these assets includes water authorities, rail, mobile telephone companies, public sector, developments and retail/enterprises.
“Sustainability remains at the heart of our operations,” said Alan Foy,
