Energy & Power
Transmission & Distribution
GRID2020 and IBEC Global finalize agreement – August 2011
By Alyssa Dalton
September 8, 2011 – GRID2020 Inc. says it has “successfully progressed” through a year long process of strategic acquisition and licensing stages to now become a Smart Grid company with a Real-Time Solution focus. The announcement comes four months after GRID2020 acquired Toronto-based Kinects Solutions. GRID2020 has also secured licensing agreements to use IBEC Global’s Broadband over Power Lines (BPL) technology and platform, which says can apply virtually any combination of GRID2020’s energy management solutions, stand-alone dynamic electricity monitoring devices, and robust communications options.