Tag Archives: sale

A Buffett-Style Deal

July 16, 2020 by Charlie Barks 0 Comments

Investing legend purchases Dominion Energy assets For his first major move in four years, investing magnate Warren Buffett turned to the energy sector, purchasing the gas transmission and power storage assets of Dominion Energy, the Richmond-based utility. An affiliate of Buffett’s Berkshire-Hathaway conglomerate took on the Dominion sale for approximately $9.7 billion, the companies announced […]

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Business briefs, Direct and Current, energy, Names and Faces, renewable energy, Renewable Energy
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Hitachi Buys ABB Power Grids

July 9, 2020 by Charlie Barks 0 Comments

Baldor’s parent company will focus on industrial customers after “significant milestone” Hitachi completed a buyout of a majority of ABB’s Power Grids unit July 1, according to a BusinessWire press release. ABB, whose portfolio is focused on industrial customers, called the move “a significant milestone in the company’s transformation towards a decentralized global technology company” in […]

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Automation, Business briefs, Direct and Current, electrical repair, electromechanical, energy, New products, Utilities
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