#acquisition

Ipsum acquires Wootton & Wootton, strengthening its power division with enhanced transmission expertise and expanded service coverage in the Midlands and Wales.

Ipsum is expanding in the northeast with the newest acquisition.

Finland’s TSO Fingrid has purchased the transmission line connecting Finland’s Central Ostrobothnia wind power hub.

SGB-SMIT Group and Southwest Electric Co. have signed an agreement for the purchase of Southwest Electric Co., with closing expected in the first quarter of 2025.

Swedish energy company Ellevio has acquired Markbygden Net Vast AB, a company building a power network in the northern Swedish region of Norrbotten.

ESA Power, LLC has announced the acquisition of Power Asset Recovery Corporation (PARC).

Emirati state-owned renewable energy project developer Masdar has acquired a majority stake in Greek renewable power firm Terna Energy.

TE Connectivity has announced the acquisition of Harger, a manufacturer of lightning protection and grounding solutions for IEEE markets.

Terna has signed an agreement with utility company Acea to purchase aerial and underground lines, substation components and a fibreoptic network.

Iberdrola has completed a deal through its UK business, SP Energy Networks, to acquire the private technology company Derryherk.

WEG has signed agreements to acquire Volt Electric Motor, a Turkish manufacturer of industrial and commercial electric motors.

New Zealand utility Contact Energy Limited will acquire Manawa Energy Limited, a local renewables firm.

The manufacturer of electrical insulation materials, composites and electronic materials Krempel has acquired all shares of Mexican EIC Insulation Company (EIC).

Prolec GE Waukesha, Inc. has acquired the remaining equity stake in Menk USA, a North American manufacturer of cooling radiators for power grid transformers.

The provider of electrical infrastructure components will acquire 100% of the Ireland-based manufacturer of distribution transformers.

Masdar has reached an agreement to buy an initial 67% stake in Greece’s Terna Energy.

The acquisition expands the firm’s portfolio of services to include mechanical and electrical consulting engineering, BIM (Building Information Modelling), building physics, Passivhaus design and low carbon consulting.

The acquisition has received all regulatory approvals, enabling an integration of the Neoen portfolio into Statkraft’s operation in Croatia.

The agreement comes after Avangrid abandoned an $8.3 billion deal to acquire US competitor PNM Resources in January.

The acquisition covers the fully operational 400 kV 673 ckm interstate transmission line running from Mahan, Madhya Pradesh to the Sipat pooling station in Chhattisgarh.

MSTS is a company providing transformer service, maintenance, installation, oil processing, testing, and repair throughout the USA.

RESA Power, LLC, has acquired AVATT, Inc., a company providing specialized services in transformer installation, service, maintenance, oil purification, and testing across western Canada.

Weidmann OPTOCON is a company specializing in fiber-optic temperature measurement systems

MR has announced the acquisition of Easun-MR Tap Changers (Pvt.) Ltd. (EMR), a former joint venture company.