Centrica, Eni Partner to Offer Connected-Home Products in Italy
14 Novembre 2017 - 9:16AM
Dow Jones News
By Maryam Cockar
British Gas owner Centrica PLC (CNA.LN) said Tuesday that it has
signed a five-year partnership agreement with Eni SpA (ENI.MI) to
expand its connected-home business into Italy.
FTSE-100 listed Centrica said that it will work with Eni--an
Italian energy company--to provide its "Hive portfolio" of
products, which includes a smart thermostat, lights, door and
window sensors and smart plugs, to Italian customers from Nov.
20.
Centrica didn't disclose the financial arrangements of the
deal.
Nina Bhatia, managing director of Centrica's connected-home
division, said that strategic partnerships are going to be
increasingly important to the growth of the company.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
November 14, 2017 03:01 ET (08:01 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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