Impax Asset Management Group's $100 Million Bet on Itron: A Strategic Move to Modernize Utilities

Impax Asset Management Group disclosed a $105.16 million investment in Itron, increasing its position by 890,040 shares, with a total holding of 1,588,950 shares worth $197.15 million. Itron is a leading technology provider specializing in integrated solutions for utilities and smart cities, with a diverse product portfolio addressing energy, water, and infrastructure management needs. The company's strategy centers on combining hardware, network connectivity, and advanced analytics to deliver operational efficiency and actionable insights for its clients.