Centrica PLC Expansion of Connected Home business into Italy (3486W)
14 Novembre 2017 - 8:00AM
UK Regulatory
TIDMCNA
RNS Number : 3486W
Centrica PLC
14 November 2017
14 November 2017
Centrica plc
("Centrica" or 'the Company')
Centrica plc today announces a significant expansion of its
Connected Home business into Italy.
Centrica has signed a five-year partnership arrangement with Eni
gas e luce, a leader in the Italian retail energy market with 8
million customers.
The partnership with Eni gas e luce is an important milestone in
Centrica Connected Home's plan to expand its footprint into new
geographies. The Hive portfolio of products and solutions for the
home is already available in the UK, Ireland and North America.
Thanks to this partnership, Eni gas e luce and Centrica will now
develop the connected home market together in Italy.
The Hive product range is all controllable from the
award-winning Hive app and includes the Hive smart thermostat which
enables customers to manage their heating and hot water remotely.
The full Hive range including the thermostat, smart lights, door
and window sensors and smart plugs will be available to Italian
consumers from 20(th) November.
Nina Bhatia, Managing Director of Centrica Connected Home,
said:
"Strategic partnerships are going to be increasingly important
to the growth of Centrica Connected Home. We are delighted to
announce we are working together with Eni gas e luce to bring
millions of new customers our Hive range of products and
solutions.
"Through our customer knowledge, insight and experience, we
understand that people want more from their energy and services
provider - they want to be in control of how they run their home.
Our products and services enable customers to automate their homes,
manage their energy and get peace of mind.
"This announcement marks the start of the expansion of Hive into
Italy and other new markets during 2018."
END
Contacts
Media enquiries:
Claire de Silva
Claire.desilva@centrica.com
+44 7557616130 (UK)
Investor relations:
+44 (0)1753 494900
The Hive experience and Centrica Connected Home
The Hive smart home experience is focused on making everyday
life a little easier, freeing people up to spend time doing the
things they love. Through subscription-based plans, which include a
mix of software, products and services, the Hive experience is
designed to offer affordable, easy to use solutions, tailored
around specific use cases to help make a difference in people's
lives. The team behind the Hive brand is Centrica Connected Home,
part of Centrica Consumer. Parent company Centrica plc plans to
invest GBP500m in Connected Home by 2020; this includes taking the
Hive smart home experience multi-market.
Centrica plc
Centrica plc is an international energy and services company
organised around two global customer-facing divisions, Centrica
Consumer and Centrica Business, focused on the residential consumer
and the business customer respectively. Centrica's areas of focus
for growth are Energy Supply & Services, Connected Home,
Distributed Energy & Power and Energy Marketing & Trading.
Centrica develops new and innovative products and services for
customers globally and supplies more than 27 million customer
accounts mainly in the UK, Ireland and North America through strong
brands such as British Gas, Hive, Direct Energy and Bord Gáis
Energy, supported by around 12,000 engineers and technicians.
Centrica plc is listed on the London Stock Exchange (CNA)
Registered Office: Millstream, Maidenhead Road, Windsor,
Berkshire SL4 5GD
Registered in England & Wales number: 3033654
Legal Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN number: GB00B033F229
This information is provided by RNS
The company news service from the London Stock Exchange
END
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