BESSEMER, Ala.--(BUSINESS WIRE)--Power Grid Components (“PGC”), a Blackstone portfolio company, today announced that it has acquired Vizimax Inc., a leading provider of innovative solutions to measure ...

Private equity giant Blackstone (BX) will become the majority owner of a company formed by the merger of two major suppliers of equipment to the electric utility industry, the companies said on ...

Blackstone acquired PGC in December 2023 The deal to expand PGC’s footprint both in North America and internationally PGC is an Alabama-based provider of electrical products Blackstone portfolio ...

NEW YORK (Reuters) -Hitachi plans to invest $1 billion to expand its U.S. power grid infrastructure manufacturing, its energy unit said on Thursday, as the country faces record electricity demand from ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Alabama-based Power Grid ...

The U.S. Department of Energy’s (DOE) Office of Electricity (OE) has released a report for distribution transformers in the electrical power grid. The report, prepared by researchers at the National ...

For decades, U.S. electricity demand was steady, allowing utilities to plan gradual growth and maintain the grid with modest upgrades. That era is over. The convergence of electric vehicles (EVs), ...