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Mitsubishi Electric is seeking to expand its North American grid foothold, following an August plan to spend US$1.4 billion to buy PCI Energy Solutions, whose platform manages about 60% of US power generation.
A major Japanese industrial group consolidating grid equipment and services adds supply capacity to the grid market that AI campuses depend on.
Trade pressSlicast · November 2, 2026 at 16:53 UTC · Global · Source: Utility Dive
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