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ESCO Technologies has announced that it has acquired NRG Systems (NRG), doing business as Renewable NRG Systems, located in Hinesburg, Vermont, USA.
The business, which will join Doble Engineering as part of ESCO’s Utilities Solutions Group (USG) operating segment, has annualised sales of approximately US$ 45 million (with nearly half of its sales coming from international markets) and operating margins in the mid-teens. The terms of the transaction were not disclosed.
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| #46 Goldwind GW155 4500 wind turbine installed at Golden South wind farm in Assiniboia Saskatchewan Canada (courtesy Nicholas Gliddon) |
| Every week on our website and in our email newsletter we want to show you that wind energy is more than just technology. We therefore invite you to send stunning pictures of wind turbines inspired by “light” (in the broadest sense of the word). After 52 submissions we will announce the winner of the year’s best picture! Email your photo to Include turbine model, location and name of photographer. (size of the published photo will be 336 px width x 280 px high). |
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