Effect of ABB-Hitachi sale on Jefferson City transformer plant unknown

Dec 21, 2018
ABB and Hitachi have announced that the sale of ABB’s Power Grids business is to close in 2020, including the Jefferson City transformer plant. The transformer plant in Jefferson City, Missouri … read more »
Dec 21, 2018

SGB-SMIT invests millions in production and training in German Neumark site

Dec 20, 2018
SGB-SMIT is investing heavily in training and production capacity in order to increase output at their Neumark site, Germany. SGB-SMIT is seeking to expand production capacity at their Neumark site … read more »
Dec 20, 2018

Northern Transformer to expand capabilities with new investment

Dec 19, 2018
Northern Transformer has said it intends to use the investment from a recent sale as capital to expand its manufacturing capabilities for vapour phase technology, extend its product range to … read more »
Dec 19, 2018

ABB sells power transformer business to Hitachi

Dec 18, 2018
Hitachi, Ltd. has announced that it has decided to acquire the power grids business from ABB Ltd. and has signed an agreement with ABB. Part of the deal is the … read more »
Dec 18, 2018

Siemens acquires non-controlling 25% share in Coelme Group

Dec 18, 2018
Siemens and Coelme Group have agreed to Siemens acquiring a non-controlling minority shareholding of 25% in Coelme Group. Coelme Group is an Italian-based subsidiary of Southern States LCC, one of … read more »
Dec 18, 2018

Eletrobas sells power distribution arm at auction, assumes $3.3 billion debt

Dec 17, 2018
Brazillian state-owned power utility Eletrobas has sold its power distribution subsidiary Amazonas Energia at auction but will assume $3.3 billion in debt before passing it on. The Brazilian consortium Oliveira … read more »
Dec 17, 2018

Bisie tin mine receives Trafo dry-type transformers

Dec 17, 2018
Trafo Power Solutions has supplied the Bisie tin mine in the Democratic Republic of Congo with two dry-type transformers. Two 3000 kVA, 400 V / 11 kV cast resin transformers … read more »
Dec 17, 2018

LSIS acquires Parker Hannifin’s Energy Grid Tie Division

Dec 14, 2018
Korean power firm LS Industrial Systems has announced the acquisition of the Energy Grid Tie (EGT) Division of Parker-Hannifin, creating a new U.S.-based company, LS Energy Solutions. LS Energy Solutions … read more »
Dec 14, 2018

TCN Raises $1.63bn to Expand Power Transmission Capacity to 8,100MW

Dec 14, 2018
The Transmission Company of Nigeria has raised $1.63 billion from a variety of sources to fund the expansion of its electricity transmission capacity under the Transmission Rehabilitation and Expansion Programme … read more »
Dec 14, 2018

Harvest Foundation to invest $11m into substation at Henry Co. business park

Dec 14, 2018
The Harvest Foundation has announced its intention to invest $11 million towards the construction of a new substation and transmission line at the Commonwealth Crossing Business Centre (CCBC) in Virginia, … read more »
Dec 14, 2018

KONČAR and China XD Electric Co. sign Articles of Association for joint venture

Dec 13, 2018
Croatian electricity company KONČAR and Chinese group China XD Electric Co. have signed the Articles of Association for the joint venture production of high-voltage equipment. The signing marks the foundation … read more »
Dec 13, 2018

ABB and Hitachi in discussions to expand power grid partnership

Dec 13, 2018
ABB has confirmed that it is currently in discussions with Hitachi to expand and re-define the existing strategic power grid partnership between the two companies. The partnership has been in … read more »
Dec 13, 2018