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Latest Elster Stories

2011-04-21 06:00:00

RALEIGH, N.C., April 21, 2011 /PRNewswire/ -- Elster (NYSE: ELT) today announced that two SCANA Corporation companies, South Carolina Electric and Gas (SCEG) and Public Service of North Carolina (PSNC), have selected Elster American Meter to supply all classes of Elster American Meter diaphragm meters to their service areas in 2011. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a) Marking its 175th anniversary in the gas metering industry, Elster has enjoyed a long-term...

2011-04-21 06:00:00

RALEIGH, N.C., April 21, 2011 /PRNewswire/ -- Elster (NYSE: ELT) today announced that it will release first quarter financial results for 2011 before the market opens on Friday, May 6, 2011. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a ) Company management will webcast a conference call at 8:00 a.m. ET on Friday, May 6, 2011, on the company's website. To access the live webcast, please log on to the investor section of the company's website at...

2011-04-14 06:00:00

RALEIGH, N.C., April 14, 2011 /PRNewswire/ -- Elster (NYSE: ELT) announced today that the Kansas City Board of Public Utilities (KCBPU) has selected Elster for the utility's Smart Grid deployment. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a) KCBPU, a publicly owned provider of electricity and water services to residences and businesses across the Kansas City, Kansas area, will implement Elster's EnergyAxis® Smart Grid solution to streamline...

2011-04-13 03:00:00

ESSEN, Germany, April 13, 2011 /PRNewswire/ -- Elster (NYSE: ELT) announced today that it has been awarded a contract from Hamburger Wasserwerke (HWW) for the supply of up to 110,000 M100 multi-jet water meters over the next three years. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a ) The M100 wet-dial multi-jet water meter is one of the most popular and well-established meters in central Europe. With nominal flow rates of Qn 1.5 to Qn 15, it is EEC approved for...

2011-04-08 15:03:00

ESSEN, Germany, April 8, 2011 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced that it and certain of its subsidiaries entered into a euro 590 million multicurrency revolving credit and bank guarantee facilities agreement (new senior facilities agreement) with a syndicate of 14 banks. (Logo: http://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a ) The new senior facilities comprise a multicurrency revolving credit facility in a maximum aggregate amount of euro 450 million...

2011-04-07 18:38:00

ESSEN, Germany, April 7, 2011 /PRNewswire/ -- Elster (NYSE: ELT) today announced that the secondary offering of 16.0 million American Depositary Shares (ADSs) by its majority shareholder, Rembrandt Holdings S.A. (Rembrandt), will be sold at a public offering price of $15 per ADS. This offering will reduce Rembrandt's interest in Elster to 63.8 percent. Elster will not receive any proceeds from this secondary offering. The underwriters will have a 30-day option to purchase up to an...

2011-04-04 05:22:00

ESSEN, Germany, April 4, 2011 /PRNewswire/ -- Elster (NYSE: ELT) today announced that its majority shareholder, Rembrandt Holdings S.A. (Rembrandt), intends, subject to market and other conditions, to offer 16.0 million American Depositary Shares (ADSs), plus up to an additional 2.4 million ADSs at the option of the underwriters, in a secondary offering pursuant to a registration statement filed with the Securities and Exchange Commission (SEC). (Logo:...

2011-03-31 03:00:00

LUTON, England, March 31, 2011 /PRNewswire/ -- Elster (NYSE: ELT) announced today that the Slovak Institute of Metrology has approved Elster's next generation H5000 Woltmann turbine bulk water meter in accordance with European Measuring Instruments Directive 2004/22/EC. (Logo: https://photos.prnewswire.com/prnh/20110126/SF35872LOGO-a) The approved measuring range of 1600:1 marks the first time this exceptional level of performance has been achieved from a Woltmann type water meter....

2011-03-22 08:29:00

ESSEN, Germany, March 22, 2011 /PRNewswire/ -- Elster (NYSE: ELT) today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission ("SEC") for a proposed secondary offering by its largest shareholder, Rembrandt Holdings S.A. ("Rembrandt"), of 16 million American Depositary Shares (ADSs), plus an additional over-allotment option of up to 2.4 million ADSs. Assuming that the sale proceeds as planned, Rembrandt's interest in Elster would be reduced to...

2011-03-14 06:00:00

RALEIGH, N.C., March 14, 2011 /PRNewswire/ -- Elster (NYSE: ELT) today announced that it will work with Science Applications International Corporation (SAIC) (NYSE: SAI) to deliver a comprehensive hosted Smart Grid solution that will empower utilities with a variety of advanced functionalities across electric, water and gas infrastructures. The hosted end-to-end solution is especially cost-effective for public power municipal and cooperative agencies, and will enable them to improve...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.