By Nathan Allen 
 

E.ON SE (EOAN.XE) said Monday that it has invested in German-American construction software developer HoloBuilder.

The German utility didn't disclose the size of the investment.

San-Francisco-based HoloBuilder's technology uses 3D cameras to create a photographic model of a building site allowing contractors to virtually monitor progress and optimize construction processes.

E.ON said it plans to use the platform at future projects such as substations and city energy projects.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

August 12, 2019 06:25 ET (10:25 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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