MacLean Power Systems and Power Grid Components are joining forces through a merger supported by an investment from Blackstone. The combination brings together two complementary suppliers of critical equipment for the U.S. power grid, forming one of North America's largest providers of highly-engineered utility equipment. The merged company will offer a broad portfolio of solutions for transmission, distribution, substation, and communication infrastructure. Management teams from both companies will remain in place post-closing to lead the business in its next phase of growth. Terms of the transaction were not disclosed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251209780104) on December 10, 2025, and is solely responsible for the information contained therein.
Comments