Wedoany.com Report-Nov. 2, Hitachi Energy has announced a strategic partnership with Blackstone Energy Transition Partners to strengthen its service business across North America. As part of the agreement, Hitachi Energy will acquire a stake in Shermco, a leading provider of maintenance, testing, and design services for power infrastructure in the US and Canada, recently acquired by Blackstone-affiliated funds.

The collaboration aims to expand service capacity across the entire power value chain, including generation, transmission, data centres, and industrial electrification. By combining expertise, the partnership seeks to deliver enhanced reliability, safety, and efficiency in electrical infrastructure services.

Andreas Schierenbeck, CEO of Hitachi Energy, said: “Investing in Shermco in partnership with Blackstone enables Hitachi Energy to accelerate our growth and expand service capabilities across North America.” Shermco CEO Phil Petrocelli added: “The partnership will strengthen our ability to meet customer needs and expand our footprint and capabilities to continue to accelerate our growth together.”

David Foley, global head of Blackstone Energy Transition Partners, commented: “We are excited to partner with Hitachi Energy to build on Shermco's success in an era of rapid electrification and increasing demand.”

In addition to the strategic partnership, Hitachi Energy announced a $1 billion global service investment programme. The initiative will introduce new digital service solutions, including HMAX Energy, and expand the workforce with 5,000 certified service experts worldwide.

Wolf Mueller, managing director of Hitachi Energy’s service business, highlighted the benefits of the partnership: “By combining Hitachi Energy’s grid expertise and digital solutions with Shermco’s nationwide field service presence, we will set a new benchmark for electrical infrastructure services.”

The company emphasized that expanding service capacity is critical as aging grids, a retiring workforce, and growing electrification put increasing pressure on energy infrastructure reliability, safety, and resilience. This programme aims to address those challenges by enhancing operational efficiency and service delivery across North America and globally.

Through this partnership and investment, Hitachi Energy, Blackstone, and Shermco aim to support the transition toward more robust, flexible, and sustainable energy infrastructure, meeting the rising demand for electrification and modern power services.