NasdaqGS:ITRIElectronic
Itron Raises US$700m In Convertible Notes To Support Grid Modernisation
Itron (NasdaqGS:ITRI) has completed a $700 million offering of convertible senior notes.
The offering follows the company’s fourth quarter results, which were described as robust and above expectations.
The transaction adds a sizable pool of capital that can influence Itron’s balance sheet and future investment decisions.
Itron focuses on technology and services that help utilities and cities manage energy, water, and smart infrastructure. For investors watching the broader push toward grid...