#acquisition

KONČAR – Engineering Ltd. has signed and concluded an agreement on the acquisition of 100 % of shares in company Telenerg – Inženjering d.o.o.

Cummins (CMI) has recently announced that through its subsidiary Meritor, it has completed the acquisition of Siemens Commercial Vehicles business.

UK: BRUSH Power Networks has announced the acquisition of KUS Power Engineering, a business that provides design, build and resource solutions for substations.

Switzerland, Zurich: Hitachi Energy Ltd has announced signing a share transfer agreement for the remaining 19.9 % shares from ABB Ltd.

Africa: Daystar Power, a West African provider of hybrid solar power solutions, has announced its acquisition by Shell.

Lithuania, Vilnius: The INVL Renewable Energy Fund I managed by INVL Asset Management is to acquire six solar projects with a total capacity of 102.7 MW.

India, Allahabad: Resurgent Power Ventures Pvt Ltd has announced the acquisition of South East UP Power Transmission Company Ltd (SEUPPTCL).

Japan, Tokyo: Japan’s JFE Steel aims to partner with JSW Steel to produce electrical steel sheet for power transformers, JFE Holdings President Koji Kakigi said.

India, New Delhi: Power Grid Corporation of India emerged as the successful bidder to acquire Neemuch Transmission Ltd. (NTL).

USA, Bethel: Effective 1 August 2022, Maschinenfabrik Reinhausen GmbH acquired the shares of ADVANCED TESTING SYSTEMS INC. located in Bethel/Connecticut, USA.

Australia, Toowoomba: Genex Power is to acquire 100 % interest in the development rights from Solar Choice for Bulli Creek clean energy project in Australia.

USA, Texas, Houston: RESA Power, has announced the acquisition of Advanced Electrical Services, Ltd.

USA: Pattern Energy Group LP has acquired the SunZia Transmission project from SouthWestern Power Group, a wholly owned subsidiary of MMR Group, Inc.

France, Paris: The French government has announced its intentions to take full control of energy utility company EDF.

Sweden: Kalpataru Power Transmission Limited (KPTL) completed the acquisition of the remaining 15 % stake Linjenmontage i Grastrop.

UK, Sheffield: Venterra Group Plc, the offshore wind energy services business, has announced the acquisition of Partrac.

India-based power company Adani Transmission (ATL) has entered into agreements with Essar Power (EPL) to acquire an interstate transmission project in India.

USA, South Carolina, Greenville: Integrated Power Services (IPS) announces it has reached a definitive agreement to acquire Tampa Armature Works Inc. (TAW).

USA, South Carolina, Greenville: Integrated Power Services (IPS) is to acquire ABB’s US and Canadian hydro generator rewind and transformer repair businesses.

Australia: Schneider Electric has made major play into Australia’s energy industry through the acquisition of asset management provider Aurtra.

USA: PPL Corporation has received approval from the Rhode Island Division of Public Utilities to acquire Narragansett Electric Company from National Grid USA.

India: India Grid Trust has announced completing the acquisition of “Kallam Transmission Ltd” from REC Power Development & Consultancy Ltd.

USA, Ohio: Worthington Industries’ Steel Processing segment has completed the acquisition of Tempel Steel Company for approximately $255 M.

Netherlands, Nijmegen: Royal SMIT, of SGB-SMIT Group, has acquired the Transformer Oil Laboratory of DNV, the independent energy expert and assurance provider.