Competition alumnus Pulse Energy announced this morning a multi-million dollar, three year contract with British Gas.
The deal was formally announced at a reception including representatives from British Gas and the governments of BC, Canada, and the UK.
Pulse Energy (formerly named Small Energy Group) was the second prize winner in 2008.
British Gas is the United Kingdom’s largest energy supplier and will leverage the Pulse Platform and analytics to help its business customers across 900,000 service points to save energy and run their businesses more efficiently.
This strategic relationship marks a significant milestone for Pulse Energy, which has grown from small startup to global leader with the advisory and funding support of the Canadian and British Columbian governments.
“The global utility industry is going through a period of rapid change, and we’re honoured to have been chosen by so many of the world’s leading utilities to better understand and engage with their commercial customers,” said Pulse Energy CEO David Helliwell. “Having such meaningful government support for our R&D has allowed us to quickly become a leading player in our industry, and we’re looking forward to accomplishing great things with British Gas as we help their nearly one million business customers to run their businesses better.”
“Congratulations to Pulse Energy and British Gas on today’s announcement,” said Andrew Wilkinson, Minister of Technology, Innovation and Citizens’ Services. “This partnership is a great example of how a hard-working BC based company invested locally to develop an innovative product, looked to the global market, and is now a recognized industry leader.”