ABB and SNC-Lavalin to jointly deliver substation projects globally
ABB and SNC-Lavalin have signed an agreement to form a joint venture (JV) for the execution of engineering, procurement and construction (EPC) projects for electrical substations, ABB said in the press release.
SNC-Lavalin will have majority and controlling interest in the JV.
“We are proud to partner with SNC-Lavalin to tap the vast opportunities of power infrastructure investments. Together, we intend to grow our businesses by complementing each other’s strengths in unique customer services for substation projects,” said Claudio Facchin, President of ABB Power Grids division.