# Siemens closes acquisition of Russelectric

Siemens announced the closing of its acquisition of Russelectric, a U.S. manufacturer of power control systems including paralleling switchgear and automatic transfer switches. The transaction was first announced in early October 2018. Terms were not disclosed.

- Type: Acquisition
- Announced: 2019-03-04
- Where: Hingham, MA and Broken Arrow, OK, United States
- Status: completed
- Capacity: 2,100 MW
- Products: power control systems, paralleling switchgear, automatic transfer switches
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (acquirer)
- [Copenhagen Infrastructure Partners](https://endata.com/companies/10167.md) (acquirer)
- [Russelectric](https://endata.com/companies/31748.md) (target)

## Sources

- [news.siemens.com](https://news.siemens.com/en-us/siemens-closes-acquisition-massachusetts-based-electric-infrastructure-manufacturer-russelectric/), 2019-03-04: "Siemens announced today it has closed the acquisition of Massachusetts-based Russelectric, a leading U.S. manufacturer of power control systems including paralleling switchgear and automatic transfer switches."
- [power-eng.com](https://www.power-eng.com/operations-maintenance/siemens-closes-on-acquisition-of-power-control-maker-russelectric/), 2019-03-04: "We’re thrilled to officially welcome Russelectric to the Siemens family with the closing of this acquisition"
- [transformer-magazine.com](https://transformer-magazine.com/news/6342-siemens-buys-transmission-line-from-iowa-to-illinois/), 2019-03-13: "German energy engineering firm Siemens and Copenhagen Infrastructure Partners, a Danish fund specializing in renewables, acquired the SOO Green Renewable Rail from its developer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.