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Key and Itron offer financing program for utilities and cities

By Amy Thomas Posted May 7, 2020

Program removes financing as a barrier to investing in technologies that deliver much-needed savings and provide social benefits as cities face revenue shortfalls post-pandemic.

Itron, which is innovating the way utilities and cities manage energy and water, has joined Key Equipment Finance to introduce a financing program that removes funding as a barrier for smart city and smart community programs. In addition, Key Government Finance is providing financing for Itron’s municipality customers in the U.S. for smart city technologies and services.Amy Gross, Key Equipment Finance

“We are excited to put our broad expertise to work for Itron so it can provide financing solutions along with its market-leading technologies. By adding financing to its portfolio, Itron can proactively offer finance solutions to cities and utilities who are in need of critical upgrades but may not have the funds to invest.”
Amy Gross, Executive Vice President, Government and Vendor, Key Equipment Finance

Solutions help cities and utilities face constrained budgets

With their deep product knowledge in municipal and commercial financing, Key Equipment Finance’s in-house specialists will work with Itron sales teams to provide hands-on customer support to help shorten sales cycles, enhance end-user satisfaction and improve financial metrics.

“Now, more than ever, cities and utilities face more constrained budgets in light of the economic impacts of COVID-19. With this program, we are removing financial barriers for our customers to acquire the solutions they need to meet their long-term objectives,” said Mark de Vere White, senior vice president of Customer & Market Experience at Itron. “Itron’s smart city solutions, intelligent street lighting and central management software improve municipal services, lower carbon emissions, create safer neighborhoods and enhance the quality of life for citizens. With Key Equipment Finance’s service, we will help our customers accelerate those programs that offer the greatest cost savings and enhance services for the communities they serve.”

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