IMServ partners with Bluewater to embrace energy transition

The smart meter company’s technology currently manages 25% of the UK’s electricity consumption and will look to grow this with the new partnership

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Smart meter and data company IMServ has partnered with equity firm Bluewater after an acquisition from Schneider Electric.

IMServ is now one of the country’s largest independent energy data management providers, with 25% of all electricity that goes through the National Grid managed by its technology.

Managing Director Steve Brown will continue to lead IMServ, as the company looks to grow and embrace the energy transition alongside Bluewater.

Mr Brown commented: “Bluewater is the perfect partner for IMServ. Their energy transition expertise and financial strength will allow us to take advantage of the huge growth potential arising from energy transition.

“In addition, with capital to deploy, we are now looking at several acquisition options to drive our expansion in the UK and other European markets.”