News: Portfolio 2008

BPL Global acquires Plan B Solutions

Smart grid company BPL Global acquires substation automation company Plan B Solutions

PITTSBURGH – April. 7, 2008 – BPL Global™, Ltd., a smart grid technology company dedicated to leading the transformation of energy and information delivery, has acquired Plan B Solutions, a provider of substation automation technology to electric utilities. The transaction closed on April 3, 2008. Terms of the deal were not disclosed.

 

Substation automation is a smart grid application on the supply side of the utility infrastructure. This acquisition will allow BPL Global to increase the depth and breadth of its smart grid solutions. BPL Global recently acquired Serveron to gain access to critical transformer asset data in the substation. Plan B Solutions provides substation automation systems that connect hundreds of points in the substation, including Serveron monitors, back to the utility operations center and engineering groups. Substation automation improves electric service reliability while