# Mitsubishi Hitachi Power Systems to rebrand as Mitsubishi Power

Mitsubishi Hitachi Power Systems (MHPS) announced plans to change its name to 'Mitsubishi Power' pending antitrust approval, following Hitachi's withdrawal from the joint venture and transfer of its 35% stake to Mitsubishi Heavy Industries.

- Type: Leadership
- Announced: 2020-04-24
- Where: Yokohama, Japan, Japan
- Value: $1.80B
- Status: announced
- Products: gas turbines, steam turbines, boilers, generators, fuel cells
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Hitachi Power Systems](https://endata.com/companies/1024.md)
- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (investor)
- [Hitachi](https://endata.com/companies/1325.md) (investor)
- [Hitachi](https://endata.com/companies/1325.md) (partner)

## Sources

- [powermag.com](https://www.powermag.com/mhps-will-rebrand-as-mitsubishi-power/), 2020-04-27: "MHPS plans to change its name to 'Mitsubishi Power' once it receives approval from antitrust authorities."
- [nasdaq.com](https://www.nasdaq.com/press-release/mhps-to-change-company-name-to-mitsubishi-power-2020-07-31), 2020-07-31: "Under its new name, Mitsubishi Power, as one of the core subsidiaries of MHI Group, offers cutting-edge technologies and energy solutions for the power industry."

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