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Blackstone Acquires Power Grid Components, Inc., a Leading Supplier of Critical Components for the Electrical Grid
December 06, 2023
NEW YORK, Dec. 6 -- Blackstone, an investment firm, issued the following news release on Dec. 5, 2023:

Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. ("PGC") from Shorehill Capital LLC.

PGC is a leading domestic designer and manufacturer of a wide range of critical components for protection, monitoring, and safety applications in electrical substations, an e . . .

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