OneCo with AMS contract outside Norway

OneCo, a Norwegian industrial group with 800 employees and a turnover of NOK 1.5 billion, is sharpening its focus on the Scandinavian AMS market. OneCo is currently a clear player in the Norwegian AMS market and is working with around 50 Norwegian grid companies to finalise ongoing projects within the framework set by the Norwegian regulator NVE. www.OneCo.no Ravdex is the grid business of nef Fonden, which is responsible for the electricity grid and distribution of electricity, as well as its operation and maintenance. Ravdex has around 17,000 grid customers and is located in the north-east of Funen. www.ravdex.dk

Together with partners, OneCo will deliver an advanced AMS solution for Ravdex's approximately 17,000 network customers. Much of the meter data will communicate over nef's fibre network and is planned in parallel with nef Fiber A/S's fibre rollout. In addition to the actual implementation of the solution, the agreement also consists of a 15-year operating period. The actual roll-out of meters will start in September and the time leading up to it will be used for project preparation and system pilot.

-"We at OneCo are proud and humbled to be chosen as a supplier to Ravdex, this is the first foundation stone for OneCo's venture outside Norway. The ambition is for OneCo to become a significant player in the ″Smart metering″ market in Scandinavia, says Per Jørgensen, Director of Business Development at OneCo.