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Welsh energy management firm bought by npower

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N power logonpower has bought a welsh energy management company in a new multi-million pound deal.

Remote Utility Monitoring & Management (RUMM) uses the latest innovations in cloud-based software to help businesses monitor and control their energy in real time and reduce costs.

The Welsh firm claims to have saved customers over £43 million since it was founded in 2005 as a spin-out of the University of South Wales.

RWE npower said it will bring the service to its business customers starting with some of the biggest energy users, as part of their existing support package. The total saving is hope to be £4 billion a year.

 

Paul Massara, CEO of RWE npower said: “RUMM’s technology is truly innovative, giving businesses the tools they need to make significant savings on the bottom line.

“This deal represents an important investment in both our energy solutions business and the thriving South Wales tech community. With the right support and incentives, we are confident that Welsh start-ups, like RUMM, will continue to grow, exporting their expertise across the world.”

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