Siemens FWB: SIE, Infrastructure & Cities Sector has acquired Brazilian smart metering firm Senergy Sistemas de Medição S.A., as it continues to Smart Grid portfolio.

Senergy is located in Belo Horizonte in southeastern Brazil. Both parties have agreed not to disclose the purchase price.

“We will continue to promote our business with smart metering in Brazil. In addition, we will focus on supporting the Brazilian Electricity Regulatory Agency in their efforts to significantly reduce the annual economic damage caused by non-technical power losses over the long term,” said Jan Mrosik, CEO of the Smart Grid Division in the Siemens Infrastructure & Cities Sector.

 “We plan to offer our new expertise in this field to other affected countries in the future.”

Siemens will exhibit at POWER-GEN Europe in Cologne from the 12th to the 14th June.

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