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Hitachi Energy and Blackstone Energy Transition Partners enter strategic partnership to create leading energy service provider in North America

Hitachi Energy acquires a minority stake in Shermco, a company recently acquired by private equity funds managed by Blackstone, strengthening capabilities to maintain the reliability and safety of North America’s power grid — In addition, Hitachi Energy is investing more than $1 billion USD in the organic expansion of its global Service business, developing new [...]

Hitachi announces historic $1 billion USD manufacturing investment to power America’s energy future through production of critical grid infrastructure

Trump administration-backed investment answers surging demand for transformers and high-voltage equipment needed to support AI data center expansion — $457 million USD is dedicated to a new power transformer factory in Virginia, the largest such facility in the U.S., with the support of Governor Youngkin and the Commonwealth’s congressional delegation — Investments will create thousands [...]

Hitachi Energy invests additional $250 million USD to address global transformer shortage

More than 40 percent of the total investment dedicated to the U.S. underpins commitment to scale up the industry to meet surging transformer demand — The U.S. investment includes hiring more than 100 people to expand domestic key component manufacturing to strengthen local supply chain — Builds on the $6 billion USD investment announced in [...]