Signatech backs EPRI asset intelligence planning
Signatech Systems has signed an agreement to assist EPRI and its member utilities to develop requirements to implement fleet-wide monitoring that leverages advances in sensor technologies, communications and data mining software for more reliable asset management and plant operations.
The work will demonstrate the benefits of advanced data management technology, establish methods and criteria for assessing cost-benefit of enterprise-wide implementation, and collaborate with member utilities to integrate effectively with operations, maintenance, and engineering, including technology implementation and organizational requirements.
Upon successful completion of a full-scale implementation, member utilities are expected to realize improved safety, improved situational awareness during all phases of operations, improved reliability, lower emissions and improved performance.
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Ontario Teachers Pension Plan agrees to acquire a 25% stake in SSEN Transmission
LONDON - Ontario Teachers’ Pension Plan Board (‘Ontario Teachers’) has reached an agreement with Scotland-based energy provider SSE plc (‘SSE’) to acquire a 25% minority stake in its electricity transmission network business, SSEN Transmission, to provide clean, affordable renewable energy to millions of homes and businesses across the UK.
The transaction is based on an effective economic date of 31 March 2022, and total cash proceeds of £1,465m for the 25% stake are expected at completion. The transaction is expected to complete shortly.
SSEN Transmission, which operates under its licenced entity, Scottish Hydro Electric Transmission plc, transports electricity generated from renewable resources…
