Smart Wires to spend $21,500,000.00 to expand into new space in Durham North Carolina.
Durham, North Carolina — According to state and local economic development sources Smart Wires plans to invest $21,500,000.00 to build out new space in Durham. The company plans to occupy the new space in Durham, on or about September 1, 2022. According to the company website The world’s leading utilities use our technology to solve their challenges and evolve their grid. Smart Wires develops and implements innovative technologies that advance the delivery of electricity. With our technology, electric utilities can maximize transfer capacity on their grids. This means more renewables, improved flexibility and stability, and less constraints, costs, community and environmental impact. With our next generation SmartValve technology, alongside our advanced analytics and consulting services, we are built to assist utilities solve problems and evolve the grid. Smart Wires is based in the United States, with corporate headquarters in Silicon Valley, European headquarters in Dublin, Ireland, and a global workforce.
To learn more about Smart Wires, visit http://www.smartwires.com/
Company Contact:
Peter Wells, Chief Executive Officer
peter.wells@smartwires.com
https://www.linkedin.com/in/petergwells/
415-800-5555
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