Vertiv Strikes $1.45B Deal for Microgrid Firm UtilityInnovation Group
Vertiv said on September 2, 2026 that it has entered into an agreement to acquire UtilityInnovation Group, a microgrid and behind-the-meter power architecture firm, for approximately $1.45 billion in cash at closing. The deal adds onsite power generation and orchestration capabilities aimed at data center operators facing grid constraints. Under the agreement and plan of…