Centrica Takes Hive Connected Home Solution into Europe
Centrica has partnered wtih Eni gas e luce of Italy. The five-year partnership arrangement will help Centrica to move its Hive smart home devices into the European market. Centrica also acquired Belgian power management firm REstore in deal worth €70 million (£62 million) in cash. Headquartered in Antwerp, REstore manages 1.7GW of peak load from a portfolio of industrial and commercial customers across Belgium, the UK, France and Germany.