Vertiv Acquires E&I Engineering Ireland Limited and Powerbar Gulf LLC

Vertiv to Acquire UtilityInnovation Group

September 4, 2026

Energy

Vertiv agreed to acquire Utility Innovation Holdings, which operates as UtilityInnovation Group (UIG), for approximately $1.45 billion in cash at closing, with up to $1.15 billion in additional cash consideration tied to post-transaction EBITDA targets. The acquisition will add microgrid controls, onsite generation and energy-storage orchestration, and behind-the-meter power architecture to Vertiv’s data center infrastructure portfolio; closing is expected in the fourth quarter of 2026, subject to regulatory approvals and customary conditions.

Guardian Infrastructure Services (EIP-backed) Acquires E2 Consulting Engineers

June 4, 2026

IT Services

Energy Impact Partners-backed Guardian Infrastructure Services acquired E2 Consulting Engineers, a utility-focused engineering and technical consulting firm. The acquisition expands Guardian’s engineering, inspection, and utility program delivery capabilities to support grid modernization, reliability, and energy transition initiatives across North America.

nVent Completes Acquisition of Avail Infrastructure Solutions' Electrical Products Group

May 1, 2025

Manufacturing

nVent Electric plc completed the acquisition of the enclosures, switchgear and bus systems businesses (the "Electrical Products Group") of Avail Infrastructure Solutions for $975 million in cash. The business — a North American provider serving power utilities, data centers and renewables with ~1,100 employees and nine U.S. manufacturing locations — will be operated predominantly within nVent's Systems Protection segment to strengthen its infrastructure offerings.

Pelican Energy Partners Acquires Electrical Builders Industries

August 9, 2024

Industrial Services

Pelican Energy Partners, a Houston-based private equity firm, has acquired Electrical Builders Industries (EBI), a St. Cloud, Minnesota-based industrial electrical and welding services provider that specializes in bus duct installation, replacement and repair for power generation facilities. The deal positions Pelican to expand its capabilities in the nuclear energy services supply chain and support increased baseload power needs for customers including datacenter facilities.

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.

ENGIE Ineo Acquires Powerlines from Gilde Buy Out Partners

July 31, 2019

Infrastructure

ENGIE Ineo has agreed to acquire Powerlines, a European full-service provider of electrical rail and high-voltage infrastructure, from funds advised by Gilde Buy Out Partners. Powerlines, headquartered near Vienna and employing more than 1,000 people, will join ENGIE Ineo to create an international platform for transport infrastructure projects and offer turnkey energy and rail electrification solutions.