Power Alley 2/18/2026

Power Alley, by Industria Partners, is a collection of articles focusing on trends and transactions across the electrical infrastructure value chain. 

Industria will be attending the PowerTest conference March 2nd – March 6th. We encourage you to reach out to Chris Haymons or Ren Lubchenco to schedule time for additional dialogue and market insights.

Chart of the Week: 

The top sources of electricity in every U.S. state and Canadian province. – Visual Capitalist

Recent Market News:

• Forgent Power Solutions, a designer and manufacturer of electrical distribution equipment used in data centers, the power grid, and energy-intensive industrial facilities, announced the closing of its initial public offering. – Forgent
• Increases in electricity use are becoming more geographically broad, and new demand will be met mainly by increased solar generation, according to the Energy Information Administration’s latest short-term energy outlook. – ESG Dive

Transactions:

• 2/18/2026: DG Matrix, a provider of solid-state transformer solutions, closed its $60 million Series A funding. – Bakersfield
• 2/18/2026: Ariel Alternatives acquired Front Line Power Construction, a provider of electrical construction and power infrastructure solutions. – Morningstar
• 2/17/2026: Hammond Power Solutions, a provider of dry-type transformers and power quality solutions, acquired AEG Power Solutions, a manufacturer of mission critical industrial power electronics. – Yahoo Finance
• 2/12/2026: Legrand acquired Kratos Industries, a manufacturer of low-voltage and medium-voltage power equipment. – Legrand
• 2/9/2026: TPG through its Rise Climate fund acquired a majority stake in power infrastructure provider Sabre Industries. – ESG Today
• 2/4/2026: Total PowerGen Solutions (Audax Private Equity) completed its acquisition of Prime Power Services, a provider of generator and engineering services. – TPGS

In-Depth Read:
Energy policy roadmap: What utilities can expect through 2026 – Utility Dive

Podcast:
Innovation in Grid Planning – Electrical Perspectives

Industria Partners maintains a core focus on high-value electrical services and products, offering tailored strategic advisory services to companies at every stage of the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients. Visit our website: Industria Partners