Tag: utility

San Francisco offers PG&E $2.5 B infrastructure buyout

San Francisco has offered to buy $2.5 B worth of electrical equipment from Pacific Gas and Electric Company (PG&E), a crucial step in an evolving plan to take control of power distribution from the bankrupt utility in favor of a city-controlled municipal power company.

Israel to shift power supply to PA in $775M deal

Israel, Jerusalem: Israel’s public utility, the Israel Electric Corporation (IEC), is set to transfer much of the West Bank’s power supply to the Palestinian Authority (PA), in a deal worth $775 million.

ESCO acquires Manta Test Systems

USA, St. Louis: ESCO Technologies Inc. has acquired the assets of Manta Test System Inc. (Manta), a North American utility solutions provider located in Mississauga, Ontario, Canada.

Ethiopian Electric Utility secures $500M Chinese loan

The Ethiopian Electric Utility (EEU) has secured a loan worth $500M from the Chinese government for the rehabilitation of electric power distribution lines in 54 towns and construction of distribution centres at 17 industrial parks.

Utility asset management market worth $4.09B by 2022

A new market study is available, titled “Utility Asset Management Market by Application (Transformer, Sub-Station, Transmission & Distribution Lines), Component (Hardware, Software), Utility Type (Public Utility, Private Utility), and Region - Global Forecast to 2022”.

Brazilian utility might sell six distribution units

Brazil, Sao Paolo: Centrais Eletricas Brasileiras SA (Eletrobras), Brazilian state-owned power holding company which could be privatized next year, will have to sell six power distribution units at a loss, Reuters cites a government source.

Snohomish County to modernize its power grid at $23.6M

USA, Washington: The Snohomish County Public Utility District has started on a two-year, $23.6 million project that will include building a new substation as well as upgrades to existing substations, distribution and transmission lines.

New substation and transmission line to be built in Southern Oregon

USA, Oregon: Electric utility Pacific Power remains on course with plans to build a substation, with power transformers and associated electrical equipment, near the intersection of Tresham Lane and Highway 234 in Gold Hill, Oregon, as part of an $80 million transmission line upgrade.

Nigerian utility acquires 138 transformers

Nigeria, Lagos: Nigerian utility The Eko Electricity Distribution Company (EKEDC) announced that the company acquired 138 transformers to be used for replacement of faulty units within its network.

Transformer Oil Market to reach $2.8B by 2020

A new transformer oil market report titled “Transformer Oil Market by Type (Mineral- Naphthenic and Paraffinic), by Application (Small transformers, Large Transformers, Utility & Others), & Region (Asia-Pacific, North America, Europe, ROW) - Global Trends & Forecasts to 2020” has been made available by MarketsandMarkets.