March 17, 2015 - 8:25 AM EDT
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Innovari Extends Latin American Reach With Initial Phase Launch In Uruguay

AUSTIN, Texas, March 17, 2015 /PRNewswire/ -- Interactive energy platform developer, Innovari, announced today the launch of an initial phase for a demand side management project with Uruguay's government-owned power company, National Administration of Power Plants and Electrical Transmissions (UTE). This launch continues to support Innovari's global growth strategy and help improve the way the world uses energy.

Innovari's Interactive Energy Platform™ was recently deployed on-site at one of the largest vacation resort customers within UTE's service territory to support automated demand side management programs that increase system reliability and improve overall system utilization.

"With a better understanding of how its commercial customers use energy, UTE will be able to customize programs to fit its unique operating needs," said Manuel Arancibia, Innovari President of Latin America. "We are looking forward to a long and productive partnership with UTE as Innovari continues to expand its presence in the growing Latin American market."

Deploying Innovari's Interactive Energy Platform at scale will result in large improvements in overall system utilization and reliability. Not only will the platform benefit the utility's load curve agility, but the customer will gain the benefits of visibility and control into their energy usage and be able to achieve lower energy costs.

"In working with Innovari, we will be able to better serve our commercial customers, making it easier for them to improve building performance, integrate renewables and meet corporate reliability, efficiency and sustainability goals," said Luis Margenat, UTE Commercial Manager. "Having Innovari's expertise and platform is all-around beneficial with demand for electricity increasing and the industrial sector growing. We need to be able to provide utilities and commercial customers with the ability to partner in creating a truly optimized power grid for all customers while realizing significant savings and improved electrical performance at the same time."

About Innovari:

Innovari's interactive energy platform connects utilities, their customers, and their communities to improve how the world uses energy. Our solution attacks the electric grid's core problem—the load duration curve—unlocking access to affordable capacity that improves system utilization, reliability, and financial performance, while our non-profit, Plugged into Kids, brings together utilities and their customers to help the children in their communities. With deep grid situational awareness, we enable dynamic, two-way verifiable demand side management; grid system optimization; renewable and distributed energy resources integration; and more. Innovari is the utility industry's Capacity for Change: Innovari is a VantagePoint Capital Partners Energy Innovations Portfolio Company:



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Source: PR Newswire (March 17, 2015 - 8:25 AM EDT)

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