Our portfolio company, SparkMeter, has partnered with Honeywell Forge Performance+ For Utilities to enhance grid management for SECO Energy, one of the largest U.S. electric cooperatives.
SpakeMeter is a leading provider of grid management services and solutions that increase access to reliable, affordable electricity. By integrating its AI-driven Praxis platform into Honeywell Forge Performance+ For Utilities, SparkMeter is equipping SECO Energy with advanced grid optimization and financial oversight tools.
With rising electricity demand, ageing grid infrastructure, and climate challenges, utilities need smarter solutions to optimise performance and manage costs. SparkMeter’s Praxis platform will provide on-demand asset loading analysis, automated supplier bill auditing, continuous
cost-of-service monitoring, and analytics on its electric rates, supporting faster investment
decisions and better alignment of rate structures with actual costs.
This collaboration empowers utilities to transition from reactive to proactive grid management, ensuring improved efficiency, resilience, and cost-effectiveness in the evolving energy landscape.
At Alitheia Capital, we are committed to working at the intersection of gender lens investment, climate resilience and digital transformation in. We are proud to support companies like SparkMeter that are powering the future of energy with innovation and impact in Africa and around the world.
Click here to read more on this partnership.