Flexible funding for meter assets

We can fund meters from any manufacturer. We can also fund existing installed portfolios of meters including legacy and smart meters.

If required, we can provide funding for different projects on a coterminous agreement basis. As a specialist working within the energy market, we have built relationships that allow us to fund a wide range of meters and related assets.

• Legacy meter assets, releasing funds tied up in asset classes others will not fund.
• Smart metering, helping utility companies meet their targets for the development and implementation of the smart metering roll-out.

We have established relationships with tier 1 financial institutions and private equity providers. We work closely with them and are familiar with their internal processes so we can manage a smooth process when funding your metering projects.

Meter Corp can arrange upfront funding for an agreed volume of meters, or staged funding. Full funding up front provides greater flexibility to pay manufacturers as and when they meet pre-agreed requirements and milestones.

Our flexible funding mechanisms allow clients to fund additional up-front costs, such as technical assurance and legal support. We tailor funding models to match requirements for interest rate, NPV, cash and payment term.

Energy suppliers are at the forefront of the smart metering programme implementation process, with significant costs throughout. Under pressure to find the necessary funding in a short time frame, suppliers can face higher costs than necessary.

At Meter Corp we aim to provide a smart funding solution that is fair, flexible and reduces costs, which is particularly important as margins are squeezed and customer service demands rise.

The implementation of SMETS2, bringing interoperability across a single standard, has increased demand for capital and cost-effective asset management.