Power Alley 6/24/2026

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: 

The IEA estimates that the implementation and rollout of grid technology solutions globally could unlock sufficient capacity to connect 450-700 GW of projects at advanced stages in connection queues. – IEA

Recent Market News:

• The top U.S. energy regulator ordered the country’s electric grid operators to consider new ‌protocols to quickly connect very large energy users, such as data centers, without driving up costs and the risk of blackouts. – Reuters
• According to Columbia University researchers, grid-enhancing technologies (GETs) and increased demand response could ease electricity price pressures caused by growing demand from data centers and advanced computing. – Columbia University
• Chevron’s wholly owned subsidiary, Energy Forge One, signed an agreement with Microsoft to develop a co-located power facility in West Texas that will provide dedicated electricity to a Microsoft-operated data center under a 20-year power purchase agreement. – Chevron

Transactions:

• 6/24/2026: Herzig Engineering (Copley Equity Partners) acquired Canada Training Group, a provider of electrical safety training, electrical maintenance training, Arc Flash Studies, and Infrared Electrical Inspections. – Business Wire
• 6/17/2026: Integrated Power Services (Searchlight Capital Partners), a leading provider of electrical, mechanical, and power management services, acquired Star Electrical Services, a provider of electrical testing and high-voltage services. – GlobeNewswire 
• 6/17/2026: New Mountain Capital acquired Commonwealth Associates, a provider of engineering and consulting services across power generation infrastructure for investor-owned utilities, including renewables. – Commonwealth
• 6/16/2026: Mantis Innovation acquired E4E Solutions, a provider of energy-efficiency engineering, and utility infrastructure modernization. – Mantis Innovation
• 6/12/2026: GreenArrow acquired HBC Company, a provider of electrical services for highway and intersection lighting, intelligent transportation systems, aviation lighting, and other critical infrastructure applications. – Pulse 2.0
• 6/11/2026: Miller Electric entered into an agreement to acquire the assets of Giles Electric, a provider of commercial, residential, and industrial electrical services, including system installation, maintenance, and repair to maintain functional power systems. – tED Magazine
• 6/10/2026: Legrand acquired Girtz Industries, a designer of customized modular power integration solutions (Power Pods), and a provider of testing and technical services. – Legrand

In-Depth Read:
How much electricity are 202(c) power plants producing? Way less than before. – Utility Dive

Podcast:
The Grid at a Turning Point: Recapping IEEE PES T&D 2026 – T&D World Live

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