Power Alley

Power Alley 3/19/2026

March, 2026|By Tim Troha

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

Chart of the Week: 

California and Texas are far ahead of the pack when it comes to grid batteries, but Arizona doubled its fleet to a total of 4.7 gigawatts in 2025. – Canary Media

Recent Market News:

  • At the end of 2025, the US disclosed data center project pipeline reached 241 GW, 33% of which is under active development. – Wood Mackenzie
  • The U.S. Department of Energy’s Office of Electricity announced an approximately $1.9 billion funding opportunity to accelerate urgently needed upgrades to the nation’s power grid. – US DOE 

Transactions:

  • 3/11/2026: Greenbelt Capital Partners entered into a definitive agreement to acquire Peak Utility Services Group, a provider of essential utility infrastructure services, from ORIX Capital Partners. – Greenbelt
  • 3/11/2026: Shermco Industries acquired Power Quality Engineering, a provider of electrical system design and engineering, commissioning, and maintenance services. – Business Wire
  • 3/9/2026: Aecon Utilities Group acquired Duna Services, a provider of underground and overhead electrical distribution, transmission, substation maintenance, and emergency restoration construction services for $60 million with the potential for additional proceeds. – Aecon
  • 3/5/2026: Saber Power Services (Greenbelt Capital Partners) acquired Bounds Construction, a provider of foundation construction for industrial, utility, and energy infrastructure projects. – Business Wire
  • 3/5/2026: Echo Electric (Sonepar) entered into an agreement to acquire Shaw Supply, a full-line electrical distributor. – tED Magazine
  • 3/2/2026: BCP closed on the previously announced sale of United Utility Services, a provider of engineering, design, maintenance, and construction services supporting transmission, distribution, and substation infrastructure, to Sandbrook Capital. – BCP

In-Depth Read:
Utilities are spending billions on the data center boom. What are the risks? – Utility Dive

Podcast:
A power producer’s view of keeping the lights on. What does rising electricity demand from data centers mean for the US grid? – Energy Gang

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

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