Hitachi ABB Power Grid JV Established to Create New Global Leader in Power Industry

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Hitachi ABB Power Grid JV Established to Create New Global Leader in Power Industry

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Complementaryproduct portfolio and technical capabilities to ensure businesscontinuity while increasing customer value and bringing newopportunities for growth.

Thejoint venture was created by two widely respected companies to create anew global leader in the power industry. The combination with Hitachiwill allow the new company to further expand its business in a varietyof areas including transportation, smart cities, industry, energystorage, and data centers. opportunities to secure financing support forlarge-scale projects and enter Japan, the world's third-largesteconomy.

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