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”) ...
The move could offer investors an opportunity to gain exposure to a durable trend rather than a short-lived market cycle.
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 ...
President Donald Trump has formally designated the U.S. electric grid and its supply chain as essential to national defense under the Defense Production Act, enabling broad federal intervention to ...
Utilities now operate in a far more dynamic environment shaped by distributed energy resources, an increasing number of ...
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