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Intellihub-Powermatic smart-metering deal sparks Australian review

( February 10, 2025, 01:58 GMT | Official Statement) -- MLex Summary: Plans by Brookfield and Pacific Equity Partners-owned Intellihub to acquire smart-metering provider Powermetric, owned by Shell Energy Operations, has attracted a public review by Australia’s competition regulator. In statement, the Australian Competition & Consumer Commission said that it would review the deal, that will affect markets for the provision of smart-metering services in Australia. As part of its review, the regulator has asked market participants to list the types of smart-metering services supplied in Australia and to list competitors active in the market. It has set April 17 as the deadline for a preliminary decision.The Australian Competition & Consumer Commission's market inquiries letter is attached; and the full statement by the regulator follows: ...

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