Partnership aims to lower the cost barriers to entry

Partnership aims to lower the cost barriers to entry for smart city programmes

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