BESSEMER, Ala.--(BUSINESS WIRE)--Power Grid Components (“PGC”), a Blackstone portfolio company, today announced that it has acquired Vizimax Inc., a leading provider of innovative solutions to measure ...

BESSEMER, Ala.--(BUSINESS WIRE)--Power Grid Components (PGC), a leading domestic supplier of a wide range of components for the electrical grid, is pleased to announce that Michael Plaster, an ...

Private equity giant Blackstone (BX) will become the majority owner of a company formed by the merger of two major suppliers of equipment to the electric utility industry, the companies said on ...

Blackstone acquired PGC in December 2023 The deal to expand PGC’s footprint both in North America and internationally PGC is an Alabama-based provider of electrical products Blackstone portfolio ...

NEW YORK (Reuters) -Hitachi plans to invest $1 billion to expand its U.S. power grid infrastructure manufacturing, its energy unit said on Thursday, as the country faces record electricity demand from ...

America’s aging electric grid is struggling to meet modern demands—especially amid the AI boom. Overhauling it will be no ...

The top North American grid watchdog warns that AI data centers threaten grid stability with power swings, calling for action ...