Powel has signed a partnership agreement with Nota. The contract includes services worth a minimum of 3,6 MNOK. The services will be provided within the business area of Automatic Meter Management (AMM).
The partnership agreement is based on close cooperation between Nota and Powel to work towards common goals defined for the three year period, consisting of strategic projects, software development and implementation consultancy to support Nota’s business process where metering solutions from Powel have an important role.
This contract confirms Powel’s strong position in the energy utility industry. It is the 10th strategic contract of its kind with a key Nordic energy utility, representing also a unique source of refining “best practice” for Powel's domain expertise.
About Powel
Powel ASA, headquartered in Trondheim, Norway, delivers software solutions and related services designed to help energy companies and public utilities work smarter, to increase their operational efficiency and service quality. The company is a market leader in Scandinavia, and has established offices in Sweden, the U.S., and Canada. Founded in 1996, Powel ASA is a publicly traded company and has grown from 37 employees to more than 250 in its 10 years of existence. Growth opportunities for the company remain strong in both the energy industry and the public sector.
About Nota
Nota AS is a 100% owned subsidiary of Skagerak Energi, and started its business in January 2005. The company delivers services within collecting and handling of meter data, settlement and invoicing. Nota AS plays an important role in Skagerak’s future plans for two way communication and Automatic Meter Reading. The company’s primary customers are traders and grid companies. Nota AS will offer services to public as well as private companies. The company has 41 employees.
Powel contact info
President/CEO Jon Einar Værnes (J) +47 73 80 45 00 (M) +47 481 64 555
Vice President Power Tom A. Røtting (J) +47 73 80 45 00 (M) +47 481 64 544
CFO Øystein Sæther (J) +47 73 80 45 00 (M) +47 481 64 558