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Electrical distributor EIS to acquire Power Grid Supply

Smart Energy International

EIS, a distributor of electrical process materials and components in North America, announced the successful acquisition of Power Grid Supply (PGS), a supplier of transformer parts and components for the production, repair, and remanufacturing of transformers.

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Hitachi Energy upgrades Canadian transformer facilities with over $100m

Smart Energy International

Swiss tech major Hitachi Energy has announced an upgrade and modernisation of its power transformer factory in Varennes, and other facilities in Montreal, Canada, to address fast-growing customer demand for sustainable energy in North America. The additional 130,000 square foot (approx.

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Grid mod company raises $23M for power line construction, grid capacity

Smart Energy International

Infravision, a company focused on power grid modernisation with drone-enabled power line upgrades, announced it has raised $23 million in Series A financing. “We’re confident Infravision’s proven technology is the solution for today and for the future of power line construction automation and grid efficiency.” .

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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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Blackstone acquires Texas-based electric grid components company

Smart Energy International

US asset manager Blackstone announced that private equity funds affiliated with it have closed the acquisition of Power Grid Components, an electric grid components manufacturer. Mr. McClure and the other senior leaders will remain with the business in their current positions following the transaction.

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Generac Acquires Enbala, Boosting Plan to Harness Behind-the-Meter Energy Resources

GreenTechMedia

Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S.

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. This is what has caught our eye.