Mitsubishi Electric and Mitsubishi Heavy to form generator joint venture

Mitsubishi Electric and Mitsubishi Heavy Industries will establish a joint venture named Mitsubishi Generator in April 2024, with Mitsubishi Electric owning 51% and Mitsubishi Heavy 49%. The company will manufacture and service turbine generators for thermal, nuclear, and hydro power.

“三菱電機と三菱重工業は11日、発電機事業の統合で2024年4月に設立する共同出資会社の社名を「三菱ジェネレーター」にすると発表した。”nikkei.com

• 2 sources
• nikkei.com三菱電機と三菱重工、発電新会社は｢三菱ジェネレーター｣ - 日本経済新聞Nikkei Inc.Dec 11, 2023
• mhi.com(Update on Disclosed Matter) Mitsubishi Electric and Mitsubishi Heavy Industries Execute Contract for Absorption-type Company Split to Integrate Power-generator Systems Businesses | Mitsubishi Heavy IndustriesDec 11, 2023

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