Latest Elster Stories

--Deployment follows successful pilot-- RALEIGH, N.C., April 16, 2013 /PRNewswire/ -- Elster today announced that the City of Georgetown, Texas has chosen EnergyAxis(®) for its system-wide, multi-utility meter replacement project. After a successful pilot, Georgetown will deploy Elster's EnergyAxis solution throughout its service territory and install 21,000 Elster water meters and 21,000 Elster electricity meters. The turnkey project is expected to be completed by May 2013....

-- Deployment of additional 105,000 water meters for improved water management -- LUTON, England and SAO PAULO, Feb. 28, 2013 /PRNewswire/ -- Elster announced today that Brazilian utility, Companhia de Saneamento do Parana (SANEPAR), has selected Elster to supply more than 105,000 single-jet water meters in Brazil over the next three months. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a) This follows SANEPAR's selection of Elster in January 2012 to supply 52,000...

RALEIGH, N.C., Dec. 10, 2012 /PRNewswire/ -- Elster Solutions today announced the Orlando Utilities Commission (OUC), a municipal utility owned by the citizens of Orlando, Fla., that serves nearly 225,000 customers with electric and water services, has selected Elster's EnergyAxis(®) to complete its advanced metering infrastructure (AMI) system. EnergyAxis is an award-winning solution that provides two-way communication for electric, water and gas meters. (Logo:...

LUTON, England and SAO PAULO, Oct. 26, 2012 /PRNewswire/ -- Elster announced today that leading Brazilian utility, Saneamento Basico do Estado de Sao Paulo (SABESP) has selected Elster to supply more than 193,000 single-jet water meters in Brazil over the next six months. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a ) This follows SABESP's selection of Elster in May 2011 to supply 80,000 water meters to support their metering programmes to improve water...

ESSEN, Germany, Oct. 24, 2012 /PRNewswire/ -- Today, Elster announced that it has given notice of its intention to redeem in full (the "Redemption") EUR250 million in aggregate principal amount of its 6.25% Senior Notes due 2018 (the "Notes") (Regulation S Notes: Common Code 061702750, ISIN XS0617027502, Rule 144A Notes: Common Code 061702784, ISIN XS0617027841), at the applicable makewhole price pursuant to the Indenture dated April 21, 2011 (the "Indenture"), plus accrued and unpaid...

ESSEN, Germany, Oct. 22, 2012 /PRNewswire/ -- Elster today announced the results of its previously announced offer to purchase EUR250 million in aggregate principal amount of its 6.25% Senior Notes due 2018 (the "Notes") (Regulation S Notes: Common Code 061702750, ISIN XS0617027502, Rule 144A Notes: Common Code 061702784, ISIN XS0617027841), at a price in cash equal to 101% of the aggregate principal amount of the Notes, plus accrued and unpaid interest up to, but not including, the...

ESSEN, Germany, Sept. 17, 2012 /PRNewswire/ -- Elster announced that, effective September 17, 2012, it has commenced an offer to purchase (the "Offer") its 6.25% Senior Notes due 2018 (the "Notes") (Regulation S Notes: Common Code 061702750, ISIN XS0617027502, Rule 144A Notes: Common Code 061702784, ISIN XS0617027841) upon the terms and conditions set forth in the Offer dated September 17, 2012, at a price in cash equal to 101% of the aggregate principal amount of the Notes, plus...

ESSEN, Germany, Aug. 28, 2012 /PRNewswire/ -- Elster (NYSE: ELT) announced today that the initial offering period of the previously-announced cash tender offer by Mintford AG, a wholly-owned subsidiary of Melrose PLC, to acquire all outstanding ordinary shares and American Depositary Shares (ADSs) of Elster Group SE expired at 12:00 midnight, New York City time on August 22, 2012. Such transaction had been approved by the administrative board of Elster. (Logo:...

ESSEN, Germany and SAO PAULO, August 22, 2012 /PRNewswire/ -- Elster (NYSE: ELT) today announced its endorsement of the new standards published by the Brazilian Electricity Regulatory Agency (ANEEL), which define the minimum functionalities for new electrical power measurement systems installed in low voltage consumer units. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a ) With the new resolution, utilities, meter manufacturers and metrology institutes have up...

RALEIGH, N.C., Aug. 20, 2012 /PRNewswire/ -- Elster (NYSE: ELT), announced today that Corporacion Nacional de Electricidad (CNEL), the single largest energy corporation in Ecuador with more than 1.2 million end customers, has selected Elster to provide its advanced metering infrastructure (AMI) deployment. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a ) CNEL will deploy Elster's EnergyAxis® solution to create a hosted AMI system that will improve customer...