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In 1987, Liebert Corporation was acquired by Emerson Electric for $430 million in stock. [7] [8] The company remained a subsidiary of Emerson until 2000, when the company consolidated its network and computer protection businesses to form its Emerson Network Power platform group. [8] In 2016, Platinum Equity acquired the division and renamed it ...
In 2017, Vertiv sold its ASCO power switch business to Schneider Electric for $1.25 billion. [14] The company made three acquisitions in 2018: Energy Labs, Geist and MEMS. Through a merger with a Goldman Sachs -led special purpose acquisition company , GS Acquisition Holdings, Vertiv became publicly traded on the New York Stock Exchange (NYSE ...
IGS Energy, also known as Interstate Gas Supply, Inc., is an independent retail natural gas and electric supplier based in Dublin, Ohio, United States.It serves more than 1,000,000 residential, commercial and industrial customers in the states of Ohio, Michigan, Kentucky, New York, Pennsylvania, Indiana, Virginia, Maryland, Texas, California, Illinois and Massachusetts.
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This move was part of the 1968 acquisition deal to merge with the Columbus and Southern Ohio Electric Co (C&SOE). [2] To encourage 1,500 New York employees to relocate, AEP offered relocation assistance, including rent stabilization for 36 months, an interest-free loan when purchasing a home, a company contribution towards the cost of a car ...
The office remained in Columbus Railway Power & Light operation until 1937, when it was sold to the Columbus & Southern Ohio Electric Co. It became operated by the Columbus Transit Co. by 1949, [10] and was purchased by the transit company in 1958. [11]
AES, headquartered in Arlington, Virginia, is one of the world's leading power companies, generating and distributing electric power in 15 countries [2] and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company. [ 3 ]
The Ohio Valley Electric Corporation (OVEC) is a company jointly owned by several parent electrical utilities. It is headquartered in Piketon, Ohio . OVEC and its wholly-owned subsidiary, Indiana-Kentucky Electrical Corporation (IKEC), own and operate two coal-fired electrical generating plants.
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