Author: powergriddev

In the fast-paced world of Original Equipment Manufacturers (OEMs), the ability to quickly adapt to market demands and supply chain fluctuations is a game-changer. Meister International, under the umbrella of Power Grid Components Inc., stands out as a beacon of efficiency and reliability in the industrial and utility insulators sector for OEMs. With a vast inventory of over two million porcelain, cycloaliphatic, and polyester insulators in stock and available for immediate shipment, Meister International doesn’t just promise expedited solutions; it delivers them. Let’s dive into how Meister International’s commitment to in-stock and available for immediate shipment revolutionizes OEM supply chains, ensuring that their clients stay ahead of the curve without needing extensive pre-planning.

How Meister International In-Stock and Ready for Immediate Shipment Transforms OEM Supply Chains

April 24, 2024

In the fast-paced world of Original Equipment Manufacturers (OEMs), the ability to quickly adapt to market demands and supply chain fluctuations is a game-changer. Meister International, under the umbrella of Power Grid Components Inc., stands out as a beacon of efficiency and reliability in the industrial and utility insulators sector for OEMs. With a vast inventory of over two million porcelain, cycloaliphatic, and polyester insulators in stock and available for immediate shipment, Meister International doesn’t just promise expedited solutions; it delivers them. Let’s dive into how Meister International’s commitment to in-stock and available for immediate shipment revolutionizes OEM supply chains, ensuring that their clients stay ahead of the curve without needing extensive pre-planning.

Instant Responsiveness: A New Industry Benchmark

In a world where time is of the essence, Meister International’s ability to ship orders on the same day is not just impressive; it’s transformative. This immediate availability means OEMs can maintain lean inventories, reduce carrying costs, and avoid the production delays that plague competitors stuck in 18-week lead times. Meister’s approach ensures that projects stay on schedule, budgets are maintained, and, importantly, end customers remain satisfied.

Flexibility in Forecasting

The unpredictability of demand is a constant challenge in the OEM space. Meister International’s large stock capacity provides a buffer that enables clients to respond to sudden market shifts without the anxiety of stock shortages. This flexibility is crucial for OEMs looking to navigate the ebbs and flows of consumer demand, regulatory changes, and unforeseen disruptions in the supply chain.

Enhanced Competitive Edge

In an industry where differentiation is imperative, Meister International’s strategy of maintaining a vast, ready-to-ship inventory sets it apart. This unparalleled level of service meets and exceeds client expectations, fostering loyalty and establishing Meister as a preferred partner in the insulator market. Competitors, often hampered by extended lead times, struggle to match this level of service, giving Meister International and its clients a significant competitive advantage.

Sustainability through Efficiency

Immediate stock availability also translates to sustainability benefits. Meister International supports OEMs in achieving their sustainability goals by minimizing the need for rush orders and reducing the carbon footprint associated with expedited shipping. This efficiency-driven approach benefits the planet and aligns with the growing demand for environmentally responsible business practices.

A Catalyst for Growth

Meister International’s commitment to ready stock is not just about meeting today’s needs; it’s about anticipating tomorrow’s challenges. By enabling OEMs to be more agile and responsive, Meister fosters an environment where innovation can thrive. This forward-thinking approach is the catalyst for growth, driving the industry forward and setting new standards for excellence.

Unmatched Customer Service

Behind Meister International’s impressive inventory is a team dedicated to exceptional customer service. Quick response times to inquiries and the ability to meet urgent needs reflect a deep understanding of the OEM market’s dynamics. This customer-centric approach builds strong relationships and ensures that Meister remains at the forefront of the industry.

In-Stock and Available for Immediate Shipment at Meister International

In the intricate dance of OEM supply chains, every moment counts. Meister International’s in-stock and available for immediate shipment is more than just a convenience; it’s a strategic advantage transforming the way OEMs operate. If you want to elevate your supply chain efficiency, reduce lead times, and gain a competitive edge, it’s time to explore what Meister International can offer. Discover how in-stock and available for immediate shipment can revolutionize your operations. Contact us today to learn more and take the first step towards a more agile, responsive future.

Visit Us at the IEEE Expo

Get ready for the IEEE Expo, coming soon to Anaheim, CA, from May 6-9th. Join us at this pivotal industry event where you can meet our President, Greg Smith, at Booth #3260. He will be available to showcase our exciting products and answer any questions you might have. We look forward to seeing you there and exploring new possibilities together!

In an era where the demand for efficient and reliable power transmission is at its peak, the introduction of Coupling Capacitor Voltage Transformers (CCVT) by ITEC adds significant production capacity to the US market. Especially in the wake of increasing requirements, the need for enhanced capacity and reliable infrastructure is more crucial than ever. At this year’s IEEE Trade Show, a spotlight will be thrown on our new CCVT. Our new CCVT will be made in the United States. Adding much needed capacity by US utilities.

What is the Important Role of CCVT in Today’s Electrical Grid?

April 22, 2024

In an era where the demand for efficient and reliable power transmission is at its peak, the introduction of Coupling Capacitor Voltage Transformers (CCVT) by ITEC adds significant production capacity to the US market. Especially in the wake of increasing requirements, the need for enhanced capacity and reliable infrastructure is more crucial than ever.  At this year’s IEEE Trade Show, a spotlight will be thrown on our new CCVT. Our new CCVT will be made in the United States. Adding much needed capacity by US utilities.

CCVT

Enhanced Lead Times with Additional U.S.-based Production

We are working to reduce the extended lead times traditionally associated with CCVT products with our Monroe, North Carolina manufacturer. This investment supports the domestic economy and ensures quicker turnaround times for power grid components, a crucial factor in meeting the surging post-pandemic demand for electrical infrastructure improvements.

Dual Functionality: Metering and Power Line Communication

CCVTs serve a dual purpose in the power grid. They are instrumental in sensing voltage for metering and protection relays. Additionally, these high-performance transformers facilitate power line carrier communication, which is pivotal for the real-time control and monitoring of the grid. This ideal dual functionality underscores the CCVT’s critical role in enhancing grid reliability and efficiency.

Cost-Effective Solutions for High Voltage Applications

One of the standout advantages of CCVTs over purely inductive transformers is their cost-effectiveness, particularly at voltages 230 kV and above. The innovative two-stage transformation process, which initially steps down high voltages to medium voltages using coupling capacitors before further transformation through a traditional inductive transformer, reduces the need for large inductive coils. This not only cuts down on material costs but also results in a smaller footprint and enhanced operational efficiency.

Customizable Options for Diverse Needs

Recognizing the diverse needs of the electrical grid, the latest ITEC CCVT models come with three windings, offering various types of combination possibilities to match specific metering or relaying requirements. This level of customization ensures that utilities can tailor their work equipment to best suit their operational needs, enhancing overall grid performance.

Metering Accuracy

The precision in power metering is paramount, and the ITEC CCVT delivers with a metering accuracy class of 0.3%. Such high accuracy is essential for effective demand management and billing, ensuring that energy consumption data is both reliable and precise, which is critical for both utilities and consumers. As we continue to navigate the challenges and opportunities presented by the evolving demands on the power grid, the integration of CCVT technology plays a pivotal role. By attending this year’s IEEE Trade Show and engaging with the latest advancements in CCVT technology, industry professionals can gain the knowledge and tools necessary to drive forward the future of power transmission. ITEC invites all IEEE Trade Show attendees to join us at booth 3260 in Anaheim. This presents an ideal chance to explore the advanced features of CCVT technology and engage with our specialists, including our President, Chris Faust. With his extensive experience and knowledge, Chris has been instrumental in driving ITEC’s technological innovations forward. For those looking to stay ahead in the industry, exploring CCVT solutions and their applications in the modern grid is not just an option—it’s a necessity. Visit our website to learn more about how the cutting-edge solutions we provide can enhance your operations. Join us in shaping a more efficient and reliable energy future.

As industry leaders, Royal Switchgear is set to introduce a groundbreaking advancement in switchgear technology: the VTX vertical break group operated switch. This latest innovation is not just a product; it’s a promise of enhanced efficiency and reliability. Scheduled for unveiling at the IEEE Trade Show from May 6-9 in Anaheim, California, the VTX switch is designed to meet the exact needs of our clients who desire longevity and simplicity in their operational processes. Here, we explore the exceptional features of the VTX switches that are setting new standards in the industry.

Introducing Royal’s New VTX Switches

April 21, 2024

As industry leaders, Royal Switchgear is set to introduce a groundbreaking advancement in switchgear technology: the VTX vertical break group operated switch. This latest innovation is not just a product; it’s a promise of enhanced efficiency and reliability. Scheduled for unveiling at the IEEE Trade Show from May 6-9 in Anaheim, California, the VTX switch is designed to meet the exact needs of our clients who desire longevity and simplicity in their operational processes. Here, we explore the exceptional features of the VTX switches that are setting new standards in the industry.

Unmatched Longevity: A Leap in Lifespan and Performance

Royal has consistently prioritized the longevity of its products, and the VTX switch is no exception. By enhancing operational smoothness and minimizing heat at connection points, the VTX is engineered for extended service life.

  • Laminate Hinge: A staple since 2011, the laminate hinge design has eliminated threads from the hinges, drastically increasing durability.
  • Solid Construction: Replacing the traditional two-piece gooseneck with a robust 1 ½” cold rolled steel rod ensures that the VTX withstands rigorous usage.
  • Precision Engineering: The gooseneck transition has been refined to an automobile quality rod end, tightening tolerances and enhancing the switch’s operation.
  • Efficient Heat Management: The innovative boltless current transfer method significantly reduces temperature rise, preventing wear and tear.

These improvements not only enhance the physical lifespan of the switch but also ensure consistent performance under varying operational conditions.

Simplified Adjustability: Enhanced Consistency and Reliability

In response to customer feedback, adjustability has been a focal point in the design of the VTX switch. The goal is to require fewer adjustments over the switch’s lifespan, simplifying maintenance and ensuring reliability.

  • Live Part Open Stop: Added to the VTX design, this feature eliminates the need for frequent alignment adjustments critical in GOAB operations.
  • Streamlined Designs: By reducing the number of live part designs, Royal ensures more uniform production and less variability in field operations.
  • Tightened Tolerances: The enhanced design precision reduces variability in switch operation, making adjustments less frequent and more intuitive.

These features collectively make the VTX switch not only easier to adjust but also significantly reduce the time and effort required for maintenance.

35 kV Vacuum Interrupter Attachment Available

In addition to longevity and adjustability, the VTX switch is equipped with the new RVI-38 Interrupter. This feature, capable of handling up to 35kV, will be showcased at the IEEE Trade Show, highlighting its superior current interrupting performance. The integration of this interrupter into the VTX switch underscores Royal’s commitment to providing comprehensive solutions that enhance the safety and efficiency of electrical grid operations.

Meet Us at the IEEE Trade Show

IEEE 2024

Royal invites all attendees to visit us at booth number 3260 at the IEEE Trade Show in Anaheim. This will be a prime opportunity to experience the VTX switch firsthand and discuss its capabilities with our experts, including Steven Donahue, our Director of Engineering. Steven’s extensive 16 years of expertise in substations and group-operated switches is pivotal to the innovative strides Royal makes in switchgear technology.

Staying ahead of technological advancements is crucial as the electrical industry continues to evolve. Royal’s VTX switches are a testament to our commitment to innovation and customer satisfaction. Come visit our team at the IEEE Trade Show to see how these new technologies can benefit your operations and help manage the power systems more effectively.

As we move forward, embracing these advancements is a necessity for the reliable and efficient management of electrical grids. Visit Royal at the IEEE Trade Show to witness how our innovations like the VTX switches are setting new benchmarks in the industry. Embrace the future of power management with Royal’s cutting-edge solutions.

In the diverse environments of utility applications, selecting the right insulators is a pivotal decision that directly impacts the efficiency, safety, and longevity of electrical systems. Among the array of materials available, glass, porcelain, and polymer stand out as the primary choices, each offering distinct advantages and considerations. Newell, a reputable leader in the field and a part of Power Grid Components Inc., specializes in providing high-quality insulators with an unmatched commitment to availability and swift delivery.

The Difference Between Glass, Porcelain, and Polymer Insulators

February 21, 2024

In the diverse environments of utility applications, selecting the right insulators is a pivotal decision that directly impacts the efficiency, safety, and longevity of electrical systems. Among the array of materials available, glass, porcelain, and polymer stand out as the primary choices, each offering distinct advantages and considerations. Newell, a reputable leader in the field and a part of Power Grid Components Inc., specializes in providing high-quality insulators with an unmatched commitment to availability and swift delivery.

Newell, best known for porcelain station posts, also has a full line of porcelain and glass transmission bells; as well as polymer post insulators. This blog aims to shed light on the key differences between glass, porcelain, and polymer insulators, offering a high-level guide for purchasing managers, sourcing managers, procurement specialists, buyers, and standards engineers striving to make informed decisions in the fast-paced world of electrical infrastructure.

Glass Insulators

Glass insulators, with their long history in electrical engineering, are prized for their robustness and excellent insulating properties. These insulators are crafted from tempered glass to endure harsh environmental challenges without compromising their integrity. A unique advantage of glass insulators is their transparency, which facilitates easy inspection for internal damage. This transparency makes glass insulators the ideal choice to protect linemen during live line maintenance work.

Porcelain Insulators

Porcelain insulators, a staple in Newell’s product lineup, provide mechanical strength for EHV substation applications or as a distribution stand off – as you see in the picture above. Porcelain and glass insulators, known for their distinct characteristics and applications in power transmission and distribution systems, have been utilized historically since the telegraph era. These insulators are produced from a blend of kaolin, feldspar, and quartz, undergoing a rigorous firing process to achieve outstanding strength and insulation performance. Their resistance to chemical corrosion and electrical surface tracking makes them ideal for use in lightly contaminated environments. For the most demanding environments, Newell’s semi-conductive glaze insulators meet the challenge. Newell’s dedication to maintaining a comprehensive stock ensures that customers benefit from short lead times, making Newell a preferred choice for reliable porcelain insulators.

Polymer Insulators

The advent of polymer insulators has introduced a lightweight and versatile option to the industry. Constructed from silicone rubber molded over a fiberglass core, these insulators are easier to handle and install than traditional glass or porcelain insulators. They excel in wet conditions thanks to their hydrophobic properties, effectively repelling water. These properties make them an excellent insulator for a substation switch when the substation is located in a moderately contaminated area.

Semi Conductive Glaze Insulators

semi-conductive glazed insulators

Semi-Conductive Glazed, SCG, insulators are ideal for the highly contaminated substation where polymer insulators fail to prevent flashovers. SCG insulators have the strength of porcelain and even greater self-cleansing properties than polymer making them the most reliable substation insulator in the market today. Compared to porcelain or glass insulators, SCG insulators offer superior performance in terms of mechanical strength and resistance to environmental factors.

Key Considerations for Selection Adherence to Industry Standards: Ensuring Reliability

The selection of insulators should be guided by the specific needs of the application, considering factors like environmental exposure, mechanical demands, and electrical specifications. The availability of the insulator type also plays a critical role in project scheduling. Newell’s strategy to keep a wide range of insulators, including SCG insulators,  in stock ensures that customers can expect prompt delivery, providing a significant advantage over competitors. Porcelain or glass insulators are often compared for their mechanical strength and dielectric properties, with glass offering higher dielectric strength and porcelain providing more versatile shapes.

Adherence to Industry Standards: Ensuring Reliability

Porcelain and polymer insulators must meet rigorous industry standards for safety and reliability in electrical infrastructures they will be operating in. All Newell insulators comply with IEC 61109 and ANSI C29 criteria for high-voltage insulators.

Porcelain Insulators:

Our entire porcelain insulator inventory is tested for compliance with IEC 60383 standards providing assurance that they can withstand the high mechanical stresses associated with transmission & distribution systems. Adhering to these standards ensure our insulators perform reliably over decades of service, and in challenging environments.

Polymer Insulators:

Newell’s polymer insulators meet IEC 61109 requirements for composite insulators. These standards ensure that polymer insulators provide the highest performance possible in terms of both electrical insulation and mechanical strength, particularly in environments with prevalent pollution and moisture.

Partner with Newell for Your Insulator Needs

Choosing between glass, porcelain, and polymer insulators involves weighing factors such as durability, resistance to environmental conditions, weight, and availability. For industry professionals tasked with making these critical decisions, a thorough understanding of the distinctions between these materials is essential. We encourage you to contact Newell for expert advice and to explore our selection of glass, porcelain, and polymer insulators, taking a step towards enhancing the performance and reliability of your electrical infrastructure.

Visit Us at the IEEE Expo

Get ready for the IEEE EXPO, coming May 6-9th in Anaheim, CA. Join us at this pivotal industry event where you can meet our President, Rick Stanley, at Booth #3260. He will be available to walk you through our exhibit which showcases exciting products, commitment to quality, extensive inventory, and quick delivery times, and answer any questions you might have. We look forward to seeing you there and exploring new possibilities together!

In an era where industrial and utility applications are increasingly challenged by environmental contaminants, the significance of Semi-Conductive Glaze Insulators cannot be overstated. These specialized devices, championed by Newell-PSN, a leader in the insulator industry, are designed to navigate the complexities of contaminated environments. This blog post, enriched with additional insights, revisits the critical attributes, historical development, rigorous testing, and the growing demand for Semi-Conductive Glaze Insulators, reflecting Newell’s commitment to innovation and reliability in electrical system safety.

What are Semi-Conductive Glaze Insulators?

February 19, 2024

In an era where industrial and utility applications are increasingly challenged by environmental contaminants, the significance of Semi-Conductive Glaze Insulators cannot be overstated. These specialized devices, championed by Newell-PSN, a leader in the insulator industry, are designed to navigate the complexities of contaminated environments. This blog post, enriched with additional insights, revisits the critical attributes, historical development, rigorous testing, and the growing demand for Semi-Conductive Glaze Insulators, reflecting Newell’s commitment to innovation and reliability in electrical system safety.

semi-conductive glazed insulators

The Challenge of Contaminated Environments

Semi-Conductive Glaze Insulators are engineered to thrive in the most challenging conditions, where traditional insulators might falter. These environments include:

  • Sea Salt, Salt Fog, and Mist: Coastal and maritime settings where salt is a constant, corrosive presence.
  • Industrial and Agricultural Pollution: Areas where emissions from factories and agricultural activities compromise air quality.
  • Power Plant Coal and Cooling Tower Mist: Sites where particulates from coal and mist from cooling towers create a contaminated environment.
  • City and Expressway Pollution: Urban areas where vehicle emissions and industrial discharges are prevalent.
  • Icing and Snow Bridging Conditions: Cold climates where ice and snow can bridge gaps, creating paths for electrical discharge.

A Legacy of Innovation and Reliability

The Semi-Conductive Glaze technology has evolved over decades through continuous innovation. To create an insulator that resists flashovers from contaminants, Newell transformed the porcelain to a semi-conductive glaze,  taking in from a standard glaze to a semiconductive glaze. This engineering effort took 5-years to develop and refine this technology. The result is a product line that can improve your insulator performance in the most contaminated applications.

Rigorous Testing and Proven Performance

Newell’s commitment to quality and reliability is evident in the extensive testing each Semi-Conductive Glaze Insulator undergoes. Adhering to ANSI/IEEE C29.9 2017 standards, every unit is tested and verified for specific resistive leakage current levels, ensuring their performance is uncompromised. Furthermore, artificial pollution tests conducted per IEC 60507 have demonstrated that these insulators can withstand the highest level of salinity defined by the standard, at 224kg/m3. Comparative testing has also shown that semi-conductive glaze units dramatically outperform standard insulating glaze and silicon-coated insulators, highlighting their superior capability in handling contaminated conditions.

Newell’s Commitment to Quality and Availability

The effectiveness and reliability of Semi-Conductive Glaze Insulators have spurred quick demand growth, with Newell-PSN successfully delivering multiple orders. Understanding the critical nature of electrical system components, Newell ensures that these insulators are not only of the highest quality but also readily available with short lead times. This responsiveness and attention to stock availability provide a significant advantage over competitors, especially in scenarios requiring quick turnaround times. As Newell continues to innovate and expand its offerings, the future looks promising for utilities and industries seeking resilient and reliable insulator solutions.

semi-conductive glazed insulators

Power The Future with Newell

As the electrical industry continues to evolve, so does the need for components that can withstand the challenges of modern environmental conditions. Newell’s Semi-Conductive Glaze Insulators stand at the forefront of this evolution, offering unparalleled reliability and efficiency in contaminated environments. For procurement specialists, engineers, and managers seeking the best in electrical system safety and performance, Newell offers not just a product, but an innovation partnership. Reach out to Newell-PSN today to explore how these Semi-Conductive Glaze Insulators can elevate your projects, ensuring they meet and exceed the demands of today’s challenging environments.

Visit Us at the IEEE Trade Show

Get ready for the IEEE Trade Show, coming soon to Anaheim, CA, from May 6-9th. Join us at this pivotal industry event where you can meet our President, Rick Stanley, at Booth #3260. He will be available to showcase our exciting products and answer any questions you might have. We look forward to seeing you there and exploring new possibilities together!

Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill Capital LLC. PGC is a leading domestic designer and manufacturer of a wide range of critical components for protection, monitoring, and safety applications in electrical substations, an essential segment of the electrical grid responsible for managing and monitoring power flows and converting electricity into different voltages.

Blackstone Acquires Power Grid Components, Inc

December 5, 2023

“We’re thrilled to invest in PGC, which we believe is well-positioned to benefit from tremendous growth driven by long-term secular tailwinds associated with the need to replace aging electrical grid infrastructure, connect newly-built renewable power generation, increase capacity to meet growing electricity demand, and harden the grid to improve its reliability.”

John-Paul Munfa

Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill Capital LLC.

PGC is a leading domestic designer and manufacturer of a wide range of critical components for protection, monitoring, and safety applications in electrical substations, an essential segment of the electrical grid responsible for managing and monitoring power flows and converting electricity into different voltages. As a supplier of critical components to the grid and partner to many of the nation’s largest electrical utilities, PGC advances the global energy transition by improving the reliability, capacity, and safety of the grid, by enabling the deployment of new renewable generation, and by supporting broad electrification trends. PGC was founded in 2017 by CEO Rick McClure and Shorehill Capital LLC. Mr. McClure and the other senior leaders will remain with the business in their current positions following the transaction.

David Foley, Global Head of Blackstone Energy Transition Partners, said: “As a leading investor in the energy transition, we proactively seek out companies with strong, entrepreneurial management and work to help them fully capitalize on the growth opportunities available to them. The acquisition of Power Grid Components fits squarely within one of our favorite investment themes – the U.S. electrical grid, joining our other recent grid-related investments, including Champlain Hudson Power Express, equipment manufacturers such as Sabre and grid software companies such as Energy Exemplar.”

John-Paul (JP) Munfa, Senior Managing Director at Blackstone, added: “We’re thrilled to invest in PGC, which we believe is well-positioned to benefit from tremendous growth driven by long-term secular tailwinds associated with the need to replace aging electrical grid infrastructure, connect newly-built renewable power generation, increase capacity to meet growing electricity demand, and harden the grid to improve its reliability. We look forward to working with Rick and his team on this next chapter for PGC. PGC has built strong, long-term relationships with many of our nation’s leading electrical utilities and has positioned itself as an acquiror of choice within the electrical components sector.”

Rick McClure, CEO of Power Grid Components, Inc., said: “Our leadership team is thrilled to be partnering with Blackstone, a leader in energy transition investing. We believe Blackstone will be an outstanding strategic partner in helping us achieve long-term growth while continuing to supply essential components with outstanding quality, reliability and lead times to North America’s electrical utilities.”

About Blackstone

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors. We do this by relying on extraordinary people and flexible capital to help strengthen the companies we invest in. Our over $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Blackstone Energy Transition Partners

Blackstone Energy Transition Partners is Blackstone’s energy-focused private equity business, a leading energy investor with a successful long-term record, having invested over $21 billion of equity globally across a broad range of sectors within the energy industry. Our investment philosophy is based on backing exceptional management teams with flexible capital to provide solutions that help energy companies grow and improve performance, thereby delivering cleaner, more reliable and affordable energy to meet the needs of the global community. In the process, we build stronger, larger scale enterprises, create jobs and generate lasting value for our investors, employees and all stakeholders.

About Power Grid Components, Inc.

Power Grid Components, Inc. was formed by electric grid products industry veteran Rick McClure and Shorehill Capital LLC to acquire and grow companies that manufacture, and supply products used in the North American electric power grid. Currently, the company is a supplier of high voltage disconnect switchgear, high quality porcelain and glass insulators, as well as instrument transformers for revenue metering and protective relaying to electric utilities, original equipment manufacturers and other customers who support the grid.

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Shorehill Capital LLC (“Shorehill”) announced today the sale of Power Grid Components, Inc. (“Power Grid” or the “Company”) to Blackstone Energy Transition Partners, a private equity fund affiliated with Blackstone (NYSE: BX) (“Blackstone”). Blackstone completed the acquisition on November 30, 2023 in partnership with Power Grid’s existing management team. Power Grid serves electric utilities, original equipment manufacturers and other customers with mission-critical products used on the U.S. electric utility grid. The Company provides a suite of products across three major product segments—air-break switches, insulators, and instrument transformers.

Shorehill Capital LLC Sells Power Grid Components, Inc.

December 4, 2023

“We are proud of the business we built in partnership with the Power Grid management team and are excited to watch the Company’s future development with its new partner.”

Dave Hawkins

Shorehill Capital LLC (“Shorehill”) announced today the sale of Power Grid Components, Inc. (“Power Grid” or the “Company”) to Blackstone Energy Transition Partners, a private equity fund affiliated with Blackstone (NYSE: BX) (“Blackstone”). Blackstone completed the acquisition on November 30, 2023 in partnership with Power Grid’s existing management team.

Power Grid serves electric utilities, original equipment manufacturers and other customers with mission-critical products used on the U.S. electric utility grid. The Company provides a suite of products across three major product segments—air-break switches, insulators, and instrument transformers. Shorehill and electric grid industry veteran Rick McClure formed Power Grid in 2017 to acquire companies that manufacture, and supply products used in the North American electric power grid. Over the ensuing six years Shorehill and Power Grid built a scalable platform with a strong growth profile. Power Grid completed five complementary add-on acquisitions, successfully integrating the acquired companies into one cohesive business, creating a platform with a strong management team, world class operations, institutionalized processes, and a well-defined organic growth strategy.

Dave Hawkins said, “We are proud of the business we built in partnership with the Power Grid management team and are excited to watch the Company’s future development with its new partner. Working with Rick McClure, Power Grid’s President and CEO, Keith Mayer, Power Grid’s CFO, Rob Johnson, Power Grid’s COO and all the other individuals at Power Grid has been a rewarding experience. They are not only great leaders but also great people. This is yet another example of our philosophy that people are the most important investment we make. While it is difficult to see our partnership end, we are excited to know that we found a great partner in Blackstone Energy Transition Partners to help take the Company to the next level.”

“We have enjoyed our partnership with Shorehill Capital,” said Rick McClure. “Their approach, resources and strategic guidance helped make Power Grid what it is today. I have personally worked with the Shorehill team multiple times and their strategy of patiently building businesses in the right way creates not just great companies but great companies with great cultures.”

Lincoln International acted as financial advisor to Power Grid and Katten Muchin Rosenman LLP served as legal counsel to Power Grid.

About Shorehill Capital

Shorehill Capital LLC is a Chicago-based private equity firm with a passion for creating superior companies. Shorehill is focused on making control equity investments in North American engineered industrial products, industrial services, and value-added distribution companies with enterprise values ranging from $20 million to $150 million, and add-ons of any size. Shorehill seeks opportunities with differentiated business models where its experience, network and investment management approach can have a significant impact on the performance of the business. For nearly 30 years Shorehill’s partners have worked with middle market business leaders to accelerate growth and improve operational performance through structured investment management plans. For additional information, please visit www.ShorehillCapital.com.

About Power Grid Components, Inc.

Power Grid was formed by electric grid products industry veteran Rick McClure and Shorehill Capital LLC to acquire and grow companies that manufacture and supply products used in the North American electric power grid. Currently, the Company is a supplier of high voltage disconnect switchgear, high quality porcelain and glass insulators, as well as instrument transformers for revenue metering and protective relaying. These products are sold to electric utilities, original equipment manufacturers and other customers supporting the electric grid.

News

Read all news
January 6, 2025

Power Grid Components Introduces New Brand, Signaling Transformation and Commitment to Responsive Solutions for the Evolving Grid

Continue reading
December 17, 2024

Power Grid Components has acquired Elliott Industries, a leader in custom electrical equipment manufacturing for electric utilities, original equipment manufacturers...

Continue reading
October 2, 2024

Power Grid Components has acquired Vizimax, a leading supplier of electronic devices that reduce stress on critical electrical equipment and ensure...

Continue reading