Blackstone Energy Transition Partners has become the majority owner of the combined company while Centerbridge Partners will ...

Steve Scharnhorst, current CEO of MacLean Power Systems, will lead the combined company. Mike Plaster will transition from CEO of Power Grid Components to President of MacLean Power Systems, leading ...

NEW YORK--(BUSINESS WIRE)--MacLean Power Systems (“MPS”) and Power Grid Components (“PGC”), two leading manufacturers of engineered components and solutions for electrical transmission, distribution, ...

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 ...

Hitachi (OTCPK:HTHIY) (OTCPK:HTHIF) said Thursday it plans to spend $1B to expand its U.S. power grid infrastructure manufacturing, aiming to meet record electricity demand brought about partly by the ...

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 ...

America’s power grid is aging into obsolescence. Much of the infrastructure that keeps the lights on today was constructed in the 1960s and 1970s, long before the digital and electrified demands of ...

Transformative merger through Blackstone investment brings together two complementary suppliers of critical equipment for the U.S. power grid NEW YORK--(BUSINESS WIRE)-- MacLean Power Systems (“MPS”) ...