wiredInUSA December 2019

Charging ahead with acquisitions

Custom cables

Comm-Tec GmbH is now selling the full range of cable products from Exertis Connect. As a result, Comm-Tec has expanded its portfolio with cable and network technology and is now capable of providing individually configurable solutions for copper and fiber optic cables through Exertis Connect’s in-house cable assembly. “The Exertis Connect cable solutions are an excellent complement to the Comm-Tec portfolio in the areas of network technology, as well as video/audio applications, and provides high quality standards at an attractive price/performance ratio and, in particular, an additional customer benefit through individually configurable cable solutions,” said Steffen Herzer, Comm-Tec’s business development manager. Steffen Herzer

Bruno Bensasson

EDF Group has acquired UK-based Pivot Power, which will become a wholly owned subsidiary of EDF Renewables. “This new acquisition of a smart electricity storage and electric vehicle charging systems player is strengthening our expertise globally,” said Bruno Bensasson, EDF Group’s senior executive vice president, renewable energies, and chairman and CEO of EDF Renewables. “Thanks to the skills developed within this specific field of electricity, the Pivot Power team will be a great addition to EDF.” Pivot Power already has a portfolio of over 40 projects across the UK, and is to develop a private wire infrastructure to enable the development of mass rapid charging points. The acquisition contributes to EDF’s target of 10GW of additional storage by 2035. The acquisition is also in line with the EDF Electric Mobility Plan, to become the leading electric mobility company in the UK, France, Italy and Belgium by 2022. Beyond this date, EDF’s goal is to provide power for 600,000 electric vehicles and to provide 75,000 charging points.

27

wiredInUSA December 2019