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Partnership aims to lower the cost barriers to entry for smart city programmes
Itron and Key Equipment Finance are launching a flexible financing programme that aims to help cities and utilities which are in need of critical upgrades but may not have the funds to invest.
leader in municipal funding, is providing financing for Itron’s municipality customers in the US for smart city technologies and services.
“When customers consider Itron technologies and services, they also want guidance on how to pay for those solutions,” said Mark de Vere White, senior vice president of customer and market experience at Itron. “When customers consider Itron hopes to make smart He added: “Itron understands city initiatives more Itron technologies and services, the challenges and accessible through its complexities of modernising funding programme they also want guidance on how critical infrastructure, and a barrier for many cities is often to pay for those solu�ons,” the financing. Our financing Critical infrastructure and services company Itron is programme with Key joining forces with Key Equipment Finance removes Critical upgrades Equipment Finance to launch that barrier for our customers By adding finance to its a funding programme that to acquire the solutions they offering, Itron hopes to help aims to reduce the barriers to need. cities and utilities which are in entry for smart city and smart need of critical upgrades but community programmes. “Itron’s smart city solutions, may not have the funds to Key Equipment Finance is a intelligent street lighting and invest. division of KeyBank and one of central management software the largest bank-based improve municipal services, Key Equipment Finance’s inequipment finance providers lower carbon emissions, create house specialists will work with in the US. safer neighbourhoods and Itron sales engineers to provide enhance the quality of life for hands-on customer support to In addition to the new flexible citizens. With Key Equipment help shorten sales cycles, financing programme, Key Finance’s service, we will enhance end-user satisfaction Government Finance, a move our industry forward in and improve financial metrics. subsidiary of KeyBank and a sustainability.”
www.safetyandsecurityafrica.com | Jul-Sept 2020
