microgrids – NC Business Desk

Companies & People

Vertiv agrees to buy Raleigh power firm for up to $2.6 billion

RALEIGH - Vertiv has agreed to acquire Raleigh-based UtilityInnovation Group for about $1.45 billion at closing, with up to $1.15 billion more tied to earnings targets.

September 8, 2026

Development & Infrastructure

BorgWarner reaffirms Hendersonville turbine launch for 2027

HENDERSONVILLE - BorgWarner has reaffirmed plans to begin turbine-generator production in Hendersonville in 2027, with more than $300 million in sales expected during the first year.

September 7, 2026

Companies & People

Vertiv agrees to buy Raleigh-based UtilityInnovation Group for up to $2.6B

RALEIGH - Vertiv has agreed to acquire Raleigh-based UtilityInnovation Group for $1.45 billion in cash, with up to $1.15 billion more tied to earnings targets.

September 2, 2026

Tag: microgrids

Vertiv agrees to buy Raleigh power firm for up to $2.6 billion

BorgWarner reaffirms Hendersonville turbine launch for 2027

Vertiv agrees to buy Raleigh-based UtilityInnovation Group for up to $2.6B