Integrated Power Services agrees to acquire ABB's hydro generator and transformer repair businesses

IPS agreed to acquire ABB's U.S. and Canadian hydro generator rewind and transformer repair businesses, including facilities in Beloeil, Quebec and Denver, Colorado. The transaction is expected to close in Q2 2022.

“We’re pleased to add these renewable energy, power management and power distribution services to our North American network.”powermag.com

• 7 sources
• powermag.comIntegrated Power Services agrees to acquire ABB’s U.S. and Canadian hydro generator rewind and transformer repair businessesPress ReleaseMar 21, 2022
• ips.coIntegrated Power Services Agrees to Acquire ABB’s U.S. and Canadian Hydro Generator Rewind and Transformer Repair BusinessesMar 21, 2022
• pitandquarry.comIntegrated Power Services acquires select ABB businesses | Pit & QuarryJack KopanskiMar 22, 2022
• renewableenergyworld.comIPS buys ABB hydro generator and transformer businessesHydro Review Content DirectorsMar 22, 2022
• transformer-magazine.com

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