Mitsubishi Electric Buys PCI Energy Solutions for $1.4 Billion as Grid Software Becomes Strategic Infrastructure
Mitsubishi Electric agreed to acquire PCI Energy Solutions for $1.4 billion, adding software used across power-market and grid operations.
Why it matters: Software that coordinates electricity markets and physical grid operations is becoming strategic infrastructure.
Mitsubishi Electric agreed to acquire U.S.-based PCI Energy Solutions for $1.4 billion. PCI develops software for electricity trading, generation and transmission operations, supply-demand planning, risk management and settlements. The acquisition adds a digital operating layer to Mitsubishi’s physical electrical-equipment portfolio as data-center growth, renewables and storage make power systems more complex to balance.