Blackstone Energy Transition Partners

Wire

MacLean Power Systems to acquire Delta Star, expanding substation and transformer portfolio
ByNNR September 2, 2026September 2, 2026

NEW YORK: MacLean Power Systems said Wednesday it has signed definitive agreements to acquire Delta Star Inc., a move that significantly expands its presence in the power transformer and mobile substation market. The acquisition follows MPS’s combination with Power Grid Components earlier this year and will allow the company to offer a comprehensive portfolio of…

Read More MacLean Power Systems to acquire Delta Star, expanding substation and transformer portfolio
Wire

Blackstone to acquire Shermco in $1.6 billion deal to expand energy transition portfolio
ByNNR August 22, 2025August 22, 2025

NEW YORK: Blackstone (NYSE: BX) announced Thursday that private equity funds affiliated with the firm have entered into a definitive agreement to acquire Shermco, a leading provider of full life-cycle electrical equipment services, from Gryphon Investors. The transaction values Shermco at approximately $1.6 billion. Founded in 1974, Shermco is one of the largest electrical testing…

Read More Blackstone to acquire Shermco in $1.6 billion deal to expand energy transition portfolio