“We are delighted to present Smart Wires, Inc. – dedicated to providing grid optimization solutions for transmission organizations worldwide.” The May Silicon Review team interviewed Gregg Rotenberg, CEO and President of Smart Wires, Inc. (one of the private equity investments made by 3×5 Partners, LLC, an Arnerich Massena Approved Manager and affiliate), showcasing the work the company is doing to upgrade utilities globally, making it possible to maximize the efficiency of our existing energy grid.
Smart Wires designs and manufactures technological solutions to improve the efficiency of existing utility grids. Global power grids were built without the ability to manage the power flow; Smart Wires’ solutions make it possible to control power flow. This groundbreaking technology makes the existing infrastructure more flexible, reducing costs for energy consumers and opening the door to using alternative energy solutions.
“Electric grids across the world are facing a power congestion crisis,” notes Rotenberg, “costing everyday consumers billions of dollars in higher energy costs each year.” He discusses the bottlenecks and limitations putting pressure on the system, and how Smart Wires can help. “Our solutions provide the first highly intelligent ‘valve’ for transmission grids.” Customer testimonials attest to the product’s success: Al Hodnik, CEO and President of ALLETE says, “With Smart Wires, we are able to optimize the use of our existing infrastructure, enabling us to improve the overall utilization of our assets and to save our customers money by deferring the need for costly transmission upgrades.”
To read the complete interview, visit http://thesiliconreview.com/magazines/smart-wires-inc-powering-the-future/
To learn more about Smart Wires, visit https://www.smartwires.com/