Compelo Energy - Latest industry news and analysis is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

Joint venture strengthens company positions

va-tech Transmission & Distribution has joined forces with Schneider Electric to form VA Tech Schneider High Voltage, in a move that will create a comprehensive global alliance to strengthen both parties positions as global players in the power market.

The venture consists of the transmission and distribution business of VA Tech’s T&D branch, with Schneider Electric providing all of its Schneider Electric High Voltage (SEHV) subsidiary’s high-voltage business.

VA Tech T&D holds a 60% interest and Schneider Electric 40% in the new company, which now ranks third worldwide in the HV power sector.