Pressemeldinger 09.11.2023

Gridspertise S.r.l. acquires leading Nordic smart grid solution provider Aidon Oy

Gridspertise, a global player dedicated to supporting distribution system operators worldwide in accelerating the digital transformation of electricity grid, strengthens its global position as a leading energy transition enabler with an acquisition of a leading Nordic smart grid solution provider Aidon.

Gridspertise S.r.l., a company jointly owned and controlled by CVC Capital Partners and Enel Grids S.r.l., has agreed to acquire 100% of the shares in Aidon Oy from its current shareholders, Alder Fund I AB, 2VK Invest AS, Suomen Teollisuussijoitus Oy and minority shareholders. Aidon and its shareholders were advised on this transaction by investment bank Bryan, Garnier & Co.

With this transaction, Gridspertise accelerates its mission of partnering with energy distribution system operators (DSO) all over the world by adding intelligence to their distribution systems and upgrading them for the future. Gridspertise offers intelligent grid devices, end-to-end cloud-edge platform solutions and services to accelerate the digitalisation of electricity distribution grids. Gridspertise is among the market leaders in massive smart meter rollout and grid digitalization, and it has recently achieved the milestone of surpassing 100 million smart meters delivered worldwide.

– We are excited to welcome Aidon to the Gridspertise family and be part of the journey in furthering the Nordics energy transition, combining Aidon’s successful customer-centric approach and innovative solutions with our global reach and cutting-edge technologies in grid automation. By complementing our expertise, we will accelerate innovation and deliver a comprehensive portfolio of solutions to our customers in the region and around the world, says Robert Denda, CEO of Gridspertise.

Aidon continues to operate as a stand-alone company under Gridspertise ownership, serving existing and new customers with continued focus on innovation and customer value.

– Joining Gridspertise group creates an excellent opportunity for Aidon to strengthen its international presence through the new ownership. This transaction will open us new and wider avenues to the global market. It also adds depth and resources in many ways to the company. We will continue as the innovative leader in the Nordics and are looking forward to the collaboration with our new colleagues and experts at Gridspertise, which we see benefitting both our existing and new customers, says Tommi Blomberg, CEO of Aidon.

More information

Gridspertise Institutional Communication – pressoffice@gridspertise.com

Aidon CEO Tommi Blomberg, phone +358 40 642 8185, email tommi.blomberg@aidon.com

 

Gridspertise offers grid intelligent devices, end-to-end cloud-edge platform solutions and services to accelerate the digital transformation of electricity distribution grids across three main areas: metering and grid edge digitalization, network infrastructure digitalization, field operation digitalization. The Company’s portfolio is designed as an open ecosystem, easy to integrate with Distribution System Operators’ existing infrastructure, combining intelligent and automated grid devices with ready-to-use modular applications, running at central level as well as on the edge. The Company was set up in 2021 as a carve-out of Enel’s twenty-year-long experience in developing, testing, and scaling up digital technologies to transform legacy distribution networks into smart grids. Gridspertise is today jointly controlled by the Enel Group and the leading global alternative investment manager CVC Capital Partners. The Company has inherited a significant intellectual property portfolio of over 350 patents and combines its expertise in grid digitalization with cutting-edge solutions from leading technology partners to tackle the evolving digitalization needs of the energy market. Gridspertise is headquartered in Italy with subsidiaries in Spain, Brazil, India and the United States. Current target markets include Europe, Latin America and North America, expanding towards Asia-Pacific and Africa, where investments in power grids will drive infrastructure upgrade projects in the near future. For further information, visit www.gridspertise.com

Aidon is the leading provider of smart grid and smart metering solutions, applications and services in the Nordics. Our systems enable reliable metering and distribution of energy as well as efficient maintenance processes of distribution networks for our customers. The technology supplied by Aidon is in use in about 5 million energy metering points in the Nordic countries. Our head office is in Jyväskylä, Finland, our Swedish office in Stockholm, the Norwegian office in Asker and the Danish office in Copenhagen. Our production and logistics center is located in Vantaa, Finland. www.aidon.com