Founded in 2008 and originating from the world-renowned Institute for Energy and Environment at the University of Strathclyde, Smarter Grid Solutions (SGS) develops and deploys active network management technology for the smart-grid market.
The company’s real-time grid management software offers power companies affordable ways to manage electricity network congestion issues at a local, regional or national level and cope with increasing volumes of low-carbon generation and demand. Its partners include Siemens, Silver Spring Networks, SSE, Alstom, Con Edison and National Grid.
With offices in Glasgow, London and New York, SGS has seen constant growth. It opened its office in New York in 2013 and is already an active contributor to the development of the smart grid in many parts of the USA.
Following seed funding in 2008 from SSE Ventures and Scottish Investment Bank, SSE sold the business as part of package of nine portfolio companies to Scottish Equity Partners (SEP) in 2011.
WINNER OF THE BVCA MANAGEMENT TEAM AWARDS 2014 AND 2015
Backers SSE Ventures: 2008 - 2011Scottish Investment Bank: 2008 - presentSEP: 2011 - present
SMARTER GRID SOLUTIONS | OFFICIAL WEBSITE