About Smart Meter Assets
Smart Meter Assets is an Energy & Utilities company based in Bury St Edmunds (United Kingdom) founded in 2014, and was acquired by GLIL in May 2021. Smart meter assets are provided for domestic utility management. Smart Meter Assets offers products and services including Funding Provision, Contract Management, Asset Management, Asset Tracking, and Fault Management. Its focus areas include Energy Tech, Smart Grid, Advanced Metering Infrastructure and Smart Meters. Its legal entity is Smart Meter Assets No.1 Limited.
Company details
Founded in 2014 and based in Bury St Edmunds, United Kingdom, Smart Meter Assets operates in the utility sector. Smart meters are supplied under the Smart Metering programme at no additional cost to customers, enabling real-time consumption monitoring. Services encompass funding provision, contract and asset management, tracking, fault resolution, and disposal for domestic utilities.
- Headquarters Bury St Edmunds, United Kingdom
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website smartmeterassets.co.uk
- Acquired by GLIL (May 2021)
- Legal Name Smart Meter Assets No.1 Limited
Products & Services of Smart Meter Assets
Smart Meter Assets offers a comprehensive portfolio of products and services, including Funding Provision, Contract Management, Asset Management, Asset Tracking, and Fault Management.
Offers funding for smart meter assets to energy suppliers.
Handles procurement and contracting for meter assets.
Manages sourcing, supply, and warranty of smart meters.
Tracks meter assets for accurate billing purposes.
Provides fault handling and recycling of removed meters.
Investors in Smart Meter Assets
Smart Meter Assets has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include GLIL and Arcus Infrastructure Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manages infrastructure funds and invests in European mid-market businesses with hands-on support. | 2009 | arcusip.com | London, United Kingdom | |
Investor in core UK infrastructure assets | 2015 | glil.co.uk | London, United Kingdom |
Investor details for Smart Meter Assets
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Timeline of Smart Meter Assets
2 dated milestones of Smart Meter Assets across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Smart Meter Assets is founded.
- Exit Acquired by GLIL.
Top companies in Smart Grid & Transmission Systems
3 companies that operate in the same segment as Smart Meter Assets (Smart Grid & Transmission Systems) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
Distributed energy grids are provided for clean electricity and utilities. | 2010 | London, England, United Kingdom | USD 130.7 M |
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Frequently Asked Questions about Smart Meter Assets
Smart Meter Assets was founded in 2014.
Smart Meter Assets is headquartered in Bury St Edmunds, United Kingdom. It is registered at Bury St Edmunds, Suffolk, United Kingdom.
Annual revenue of Smart Meter Assets is $87.62M as on Dec 31, 2021.
Founded in 2014 and based in Bury St Edmunds, United Kingdom, Smart Meter Assets operates in the utility sector. Smart meters are supplied under the Smart Metering programme at no additional cost to customers, enabling real-time consumption monitoring. Services encompass funding provision, contract and asset management, tracking, fault resolution, and disposal for domestic utilities.
Smart Meter Assets offers Funding Provision, Contract Management, Asset Management, Asset Tracking, and Fault Management.
Smart Meter Assets has 2 investors. Key investors include GLIL, and Arcus Infrastructure Partners.
Smart Meter Assets operates through Smart Meter Assets No.1 Limited.
Yes. Smart Meter Assets was acquired by GLIL in May 2021.