Hitachi Energy Completes Acquisition of Remaining Stake in eks Energy

Hitachi Energy to Acquire Canduct Group

June 17, 2026

Industrial Services

Hitachi Energy signed a definitive agreement to acquire Canduct Group, a manufacturer of transformer insulation kits and components. The acquisition expands Hitachi Energy’s North American transformer insulation and components capabilities to address a regional supply-chain bottleneck, with closing expected at the beginning of Q3 2026 (subject to customary conditions).

Hitachi Energy Acquires Minority Stake in Shermco in Partnership with Blackstone

October 29, 2025

Energy

Hitachi Energy has acquired a minority stake in Shermco, a leading North American electrical services provider, in partnership with Blackstone Energy Transition Partners. The strategic investment aims to expand Hitachi Energy's service capabilities across North America, accelerate Shermco's growth, and develop new digital service offerings to improve grid reliability and asset lifecycle management.

Aggreko Energy Transition Solutions Acquires Infiniti Energy

July 8, 2024

Renewable Energy

Aggreko Energy Transition Solutions (ETS), a division of Aggreko, has acquired Infiniti Energy, a U.S.-based commercial and industrial solar developer and IPP, from Upper Bay Infrastructure Partners. The deal adds 12 MW of contracted operating solar assets, 22 MW of construction-ready projects and an additional pipeline to Aggreko ETS, strengthening its distributed solar EPC capabilities and East Coast presence.

Exyte Acquires Kinetics Group

April 16, 2024

Engineering Services

Exyte has agreed to acquire Kinetics Group from investment firm Quadriga Capital, expanding Exyte's capabilities in installation services, equipment and technical facility management for high‑tech sectors. Kinetics — a global provider serving semiconductors, biopharma and battery-cell markets with ~2,500 employees and >€500m revenue in 2023 — will operate within Exyte's Technology & Services business area to broaden Exyte's end-to-end offering.

Powin Acquires EKS Energy

September 20, 2022

Renewable Energy

Powin LLC has acquired EKS Energy to integrate EKS's power electronics and energy management technology into Powin's grid-scale energy storage platform. The acquisition expands Powin's product portfolio (including power conversion systems, power plant controllers, PV inverters, DC-to-DC converters and multi-port inverters) to deliver fully integrated AC energy storage solutions and advanced controls for microgrids and utility-scale solar-plus-storage projects.

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.