Avista (NYSE: AVA) will lead a smart grid demonstration project that will create the first “smart community” in the Pacific Northwest. Matching funds for the $38 million project are part of a U.S. Department of Energy grant for a larger $178 million regional project which is administered by Battelle.
Avista will team up with several regional entities for the Pullman, Wash., project. Participants include the City of Pullman, Schweitzer Engineering Laboratories, Washington State University, Itron, Hewlett Packard and Spirae. Avista's portion of the matching funds will be $12.9 million.
via Avista to Lead $38 Million Smart Grid Project in Pullman.
