MacLean Power Systems Completes Merger with Power Grid Components
March 4, 2026
MacLean Power Systems (MPS) completed its previously announced merger with Power Grid Components (PGC), combining their engineered electrical transmission, distribution, substation and communications infrastructure equipment portfolios under the MacLean Power Systems name. Funds affiliated with Blackstone Energy Transition Partners and Blackstone’s flagship private equity strategy became the majority owners of the combined company, with an affiliate of Centerbridge Partners making a new investment. Financial terms were not disclosed.
- Buyers
- MacLean Power Systems, Funds affiliated with Blackstone Energy Transition Partners (Blackstone), An affiliate of Centerbridge Partners
- Targets
- Power Grid Components
- Industry
- Industrial Services
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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