# Hitachi Energy acquires controlling stake in eks Energy

Hitachi Energy acquired a controlling stake in eks Energy, a supplier of power electronics and energy management solutions for storage and renewables, from Powin LLC, and established a strategic partnership with Powin.

- Type: Acquisition
- Announced: 2023-10-01
- Where: Seville, Spain, Spain
- Status: completed
- Products: power electronics, energy management software, battery energy storage systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hitachi Energy](https://endata.com/companies/15140.md) (acquirer)
- [Powin](https://endata.com/companies/65418.md) (partner)
- [EKS Energy](https://endata.com/companies/65419.md) (target)

## Sources

- [hitachi.com](https://www.hitachi.com/en/press/articles/2023/10/1024a/), 2023-10-01: "Hitachi Energy announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration."
- [hitachienergy.com](https://www.hitachienergy.com/me/en/news-and-events/press-releases/2023/10/hitachi-energy-acquires-eks-energy), 2023-10-24: "This strategic acquisition demonstrates our continued commitment to deliver the most advanced and proven solutions for our customers."
- [hitachienergy.com](https://www.hitachienergy.com/news-and-events/press-releases/2023/10/hitachi-energy-acquires-eks-energy), 2023-10-24: "Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy"
- [hitachienergy.com](https://www.hitachienergy.com/us/en/news-and-events/press-releases/2023/10/hitachi-energy-acquires-eks-energy), 2023-10-24: "Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy"
- [iberianlawyer.com](https://iberianlawyer.com/kpmg-abogados-advises-on-the-acquisition-of-eks-energy/), 2023-10-25: "Hitachi Energy has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC."

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