News & Press

~$1.45 billion acquisition expected to expand Vertiv’s addressable opportunity in power-constrained data centers. UIG’s proven team and proprietary technology add microgrid controls, on-site generation orchestration, microgrid-specific switchgear and behind-the-meter power architecture to Vertiv’s portfolio. Extends Vertiv’s power and cooling portfolio from grid interconnect to chip, independent of any single generation technology or supplier.

Vertiv Holdings Co. (NYSE: VRT) (“Vertiv”), a global leader in critical digital infrastructure, today announced its wholly-owned subsidiary, Vertiv Corporation, has entered into an agreement and plan of merger to acquire Utility Innovation Holdings, Inc.

New M-series Inverter System, powered by UtilityInnovation Group, Provides Uninterrupted, High-Quality Power for High-Density, AI Compute

UtilityInnovation Group (UIG) today announced the appointment of Jon Rodriguez as President of Energy Centers, a new role focused on delivering next-generation power solutions to support the rapid expansion of data centers in North America and Europe.

UtilityInnovation Group (UIG) has appointed renowned technology leader and cloud architecture veteran Daniel Taschik as the new Chief Technology Officer (CTO) of GridSure, UIG’s cloud-based grid management platform. Taschik's expertise in developing scalable, high-performance digital platforms will be key in GridSure's expansion.

Volvo Penta announced a follow-on investment in UtilityInnovation Group (UIG), a USA and Ireland based company specialising in resilient, innovative utility systems and decentralised energy solutions. This strategic investment marks a continued commitment to driving the energy transition. It also underlines Volvo Penta’s role in the growing global market for energy infrastructure as an independent supplier of energy-dense battery energy storage (BESS) subsystems.

Volvo Construction Equipment, Volvo Penta and two leading manufacturers of charging solutions launched two new products in the North American market this week at the Advanced Clean Transportation (ACT) Expo in Las Vegas.

UtilityInnovation Group (UIG), a leading US-based provider of advanced energy solutions, has today announced the strategic acquisition of Enicity, a leading advisory firm specialising in the application of innovative energy technologies in modern power systems based in Ireland.

A stealthy utility company headquartered in Raleigh has snagged a minority investment from Volvo. Sidney Hinton, CEO of Utility Innovation Holdings, confirmed that the Swedish automaker was a central backer behind the startup's latest fundraising round...

Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG). The investment accelerates entry into the utility sector to further develop Volvo Penta’s battery energy storage subsystem and power generation portfolio as part of its road to net zero.

Just days after announcing its strategic entry into the battery energy storage (BESS) sector jointly with OEMs, Volvo Penta as a BESS subsystem supplier has unveiled a partnership with Utility Innovation Group (UIG) aimed at US and international markets.

Europe’s energy woes keep getting worse, with winter coming and Russia cutting off natural gas exports.

Two months after closing on a $2 million round, a serial energy entrepreneur is at it again – this time reeling in more than $8 million for his stealthy new venture in Raleigh.

Pairing renewable resources with energy storage systems makes a lot of sense. However, grid operators are still developing frameworks for handling these hybrid projects but they may need to be treated differently in different territories.

A stealthy energy-storage solutions firm is raising money – and a familiar name is at the helm.