Mitsubishi Electric to acquire PCI Energy Solutions for $1.4B

Mitsubishi Electric announced it will spend $1.4 billion to acquire PCI Energy Solutions, whose platform manages about 60% of U.S. power generation. The transaction is expected to close by the end of 2026.

“These developments are increasing demand for advanced energy management and optimization solutions capable of supporting integrated forecasting, scheduling, trading, risk management, settlement and operational decision-making.”utilitydive.com

• 1 source
• utilitydive.comMitsubishi Electric seeks to expand North American grid foothold | Utility DiveNov 2, 2026

Summarized from public sources; check the original articles before acting on it.