Power Distribution

ABB to upgrade historic New Zealand HVDC link

Swiss technology company ABB has secured an order to upgrade Transpower, New Zealand’s high-voltage direct current (HVDC) link that interconnects the transmission grids of the North and South islands.Said to be an important element of Read more

Power Distribution

GE to sell distributed power unit to Advent for $3.25bn

Global private equity company Advent International has signed a definitive agreement to acquire the Distributed Power business of General Electric (GE) for $3.25bn.Under the deal, Advent will acquire Distributed Power’s Jenbacher and Waukesha engines, as Read more