Mitsubishi Electric Acquires Smarter Grid Solutions

Mitsubishi Electric Power Products, Inc. Acquires Computer Protection Technology

April 4, 2022

Electrical Services

Mitsubishi Electric Power Products, Inc. (MEPPI) has acquired Computer Protection Technology (CPT), a leading critical power service and solutions provider in Southern California. CPT will operate as a service branch of MEPPI, preserving its Southern California base while expanding MEPPI's critical power service capabilities to better serve mission-critical customers.

Yokogawa Electric Acquires PXiSE Energy Solutions

December 1, 2021

Energy

Yokogawa Electric Corporation has acquired all outstanding shares of PXiSE Energy Solutions LLC, a San Diego–based developer of high-speed grid control and DER management software. The acquisition expands Yokogawa’s capabilities in real-time grid control and renewable integration, enabling enhanced monitoring and control for utilities, microgrids, and renewable assets.

EIS Acquires Power Grid Supply

November 2, 2023

Industrial Services

EIS, a North American specialty distributor of electrical process materials, has acquired Power Grid Supply, a supplier of transformer parts and components. The acquisition expands EIS's product portfolio and aftermarket capabilities for transformer OEMs, remanufacturers, field service contractors, and utilities, and will support geographic expansion across North America.

Macquarie Acquires SP Smart Meter Assets Limited from ScottishPower/Iberdrola

September 9, 2025

Energy

Macquarie Specialised and Asset Finance (part of Macquarie Group) has completed the acquisition of SP Smart Meter Assets Limited (SPSMAL) from ScottishPower/Iberdrola for around £900 million. The deal adds ~2.9 million smart meters to Macquarie's UK portfolio and establishes a long-term Meter Asset Provision arrangement with ScottishPower to support the ongoing smart meter rollout.

Bear Peak Power Acquires Grid Projects Co.

March 4, 2022

Energy

Bear Peak Power has acquired Grid Projects Co., gaining access to Grid Projects' pipeline of commercial & industrial (C&I) projects in the Massachusetts SMART program and 18 MW of projects under development. Grid Projects' owner Michael Marcotte joins Bear Peak as Managing Partner to help expand the firm's development capabilities and geographic reach.

PowerGEM Acquires Marquette Energy Analytics

June 10, 2025

Energy

PowerGEM, a provider of power grid and energy market simulation software, has acquired Marquette Energy Analytics (MEA), a Milwaukee-based leader in natural gas and electric demand forecasting software and services for utilities. The acquisition expands PowerGEM's product portfolio by adding MEA's cloud-based MCast forecasting suite and consulting capabilities to enhance demand reliability and operational planning for utilities.