Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

Greentech Media
By info@greentechmedia.comJul 1, 2020, 4:26 pm350 pts
Japan’s Hitachi has completed its acquisition of a majority stake in ABB Power Grids worth up to $7.8 billion, creating a new business aimed at tackling the renewable and distributed energy frontiers of the power industry. Hitachi ABB Power Grids is the new company formed Wednesday by the close of…

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