NEW YORK--(BUSINESS WIRE)--MacLean Power Systems (“MPS”) and Power Grid Components (“PGC”), two leading manufacturers of engineered components and solutions for electrical transmission, distribution, ...
Blackstone Energy Transition Partners has become the majority owner of the combined company while Centerbridge Partners will ...
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Transformer shortages emerge as a key weak point for the US power grid
Federal agencies and energy analysts are raising alarms about a growing shortage of power transformers across the United ...
FORT MILL, S.C. and BESSEMER, Ala., March 4, 2026 /PRNewswire/ -- MacLean Power Systems ("MPS" or "MacLean Power") and Power Grid Components ("PGC"), two leading manufacturers of engineered components ...
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 ...
MacLean Power Systems and Power Grid Components, two manufacturers of engineered components and solutions for electrical transmission, distribution, substation and communication infrastructure, ...
For decades, U.S. electricity demand was steady, allowing utilities to plan gradual growth and maintain the grid with modest upgrades. That era is over. The convergence of electric vehicles (EVs), ...
The power grid faces unprecedented challenges from surging demand, aging infrastructure, and climate disasters. Strategic ...
Transformative merger through Blackstone investment brings together two complementary suppliers of critical equipment for the U.S. power grid NEW YORK--(BUSINESS WIRE)-- MacLean Power Systems (“MPS”) ...
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