RNS Number : 5214V
Bglobal PLC
13 July 2009
Embargoed For Release 07:00: 13 July 2009
BGLOBAL PLC
('Bglobal' or 'the Company' or 'the Group')
BGLOBAL ACCELERATES SMART METER INSTALLS FOR NPOWER
Bglobal plc (AIM:BGBL) the market-leading provider of smart metering services to the UK energy market is pleased to announce that an agreement has been reached with npower to accelerate the introduction of smart meters for their business customers.
During the year to date, Bglobal has installed several thousand smart meters for npower's large corporate energy customers. The early phase of the installation programme has been successful and npower now plans to increase the rate of roll out, combining smart metering with a range of innovative energy services.
Tony Barnes, Group Chief Executive of Bglobal, comments: 'We have built our business to provide not only the best smart metering technology available but also the best service, through an end-to-end solution that goes from meter acquisition and installation right through to the provision of billing and settlement data. npower has ambitious plans for the business sector and Bglobal is delighted to be the power behind their smart metering programme as it expands.'
Dave Ford, Head of Metering Development at npower said: 'With energy management increasingly on everyone's agenda, getting a greater understanding of consumption and visibility of its use is vital to effectively manage costs. Working closely with Bglobal has enabled npower to implement a range of innovative and cost effective new services for our customers and now we now want to bring these to the wider business community.'
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For further information, please visit www.bglobalplc.com or contact:
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Tony Barnes, CEO
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Mark Taylor
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Simon Compton, Paul Young
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Bglobal plc
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Charles Stanley Securities
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Tavistock Communications
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Tel: 01254 819 600
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Tel: 020 7739 8200
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Tel: 020 7920 3150
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This information is provided by RNS
The company news service from the London Stock Exchange
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