Parsons Corporation has acquired US-based Williams Electric Company.

Parsons expects the acquisition to help it protect critical infrastructure assets and control systems from threats that aim to destroy connected operational technologies.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The target company provides control system integration, electrical and general contracting, and energy infrastructure solutions.

China Power International Development has entered an agreement with China Power International Holding to acquire SPIC Guangdong Power, SPIC Guangxi Power, and China Power (Sihui) Cogeneration Company for RMB4.85bn ($729.15m).

China Power International Development intends to fund the transaction by issuing rights and through internal resources.

“State Bank of India (SBI) has announced its intention to acquire a 51% stake in Essar Power Gujarat.”

The acquisition is expected to aid China Power International to transform into a clean energy company, improve profitability, and strengthen its presence in the regional growth markets.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

SPIC Guangdong Power and SPIC Guangxi Power are engaged in developing and operating power generation projects, while China Power (Sihui) Cogeneration is engaged in the construction and operation of two sets of combined cooling, heat and power (CHP) units.

State Bank of India (SBI) has announced its intention to acquire a 51% stake in Essar Power Gujarat from power generation utility Essar Power.

SBI will conduct the acquisition through a consortium.

SBI is a financial services provider, while Essar Power Gujarat is a special purpose vehicle established to develop the 1.2GW Salaya thermal power plant at Vadinar, Gujarat, India.