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Avista, Duke Energy invest in grid edge software technology to deliver benefits to customers

Jan 09, 2019 - GlobeNewswire
Organizational Restructuring

SPOKANE, Wash., Jan. 09, 2019 (GLOBE NEWSWIRE) -- Avista Development, a wholly owned unregulated subsidiary of Spokane, Wash.-based Avista Corp. (NYSE: AVA) and Duke Energy (NYSE: DUK) today announced a joint investment in Open Energy Solutions Inc. (OES) to develop open source software for grid edge technology solutions. These solutions will deliver significant benefits to customers, including information and tools to help them manage their energy usage.

This marks the first time multip...