Core Insights - Hitachi Energy has formed a strategic partnership with Blackstone Energy Transition Partners to enhance its Service business in North America, focusing on the reliability and safety of power infrastructure [1][2] - The partnership includes Hitachi Energy acquiring a stake in Shermco, a leading provider of electrical services, which will help expand service capacity and capabilities for critical energy infrastructure [1][2][3] Company Overview - Hitachi Energy is a global technology leader in electrification, with a revenue of approximately $16 billion USD and a workforce of over 50,000 employees across 60 countries [10] - Shermco, founded in 1974 and headquartered in Texas, is one of the largest electrical testing organizations in North America, providing comprehensive electrical system services with over 600 NETA technicians and 200 engineers [8][14] - Blackstone Energy Transition Partners is a leading energy investor with a successful long-term record, having committed over $27 billion of equity globally in energy-related businesses [12] Strategic Goals - The partnership aims to deliver comprehensive lifecycle support for energy infrastructure, including power generation, transmission, and industrial electrification [2][3] - Hitachi Energy is investing more than $1 billion globally to expand its Service footprint, which includes launching new digital service solutions and developing over 5,000 additional service experts [4][9] Industry Context - The aging power grid in the U.S., with over 70% of transmission lines being decades old, presents significant challenges, including higher outage risks and cyber vulnerabilities [6] - As electrification accelerates across various sectors, the demand for reliable service to maintain and upgrade infrastructure is critical for enhancing the safety, flexibility, and sustainability of energy systems [6][9]

While many of his peers juggle student loan debt and uncertain job prospects, 23-year-old Jacob Palmer of Concord, North Carolina, is debt-free and running a nearly six-figure electrical business. After high school, Palmer tried online college during the pandemic. "School looked drastically different doing online classes and Zoom calls. It felt very intangible," he told Fortune. He added that it didn't work for him and that he hated it. Don't Miss: Finding His Path Instead of continuing college, Palmer ...

Plymouth, MN, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Mr. Electric of Twin Cities West Metro officially opened its doors to serve homeowners and businesses throughout Plymouth and the surrounding Twin Cities West Metro area. The new franchise, owned by Laurence and Sue Levin, addresses the growing demand for reliable electricians in Plymouth, one of Minnesota's most vibrant metropolitan regions, where both residential and commercial development continues to expand rapidly. Mr. Electric of Twin Cities West Metro ...