Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise
GreenTechMedia
JULY 1, 2020
Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant.
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