Key facts
- Mitsubishi Electric will acquire PCI Energy Solutions for $1.4 billion.
- The acquisition is Mitsubishi Electric's largest to date.
- PCI Energy Solutions provides energy management and optimization software.
- The deal is expected to close in 2026, subject to regulatory approvals.
Mitsubishi Electric Corporation, a Japanese manufacturer of electrical and electronic equipment, has announced an agreement to acquire U.S.-based energy management software provider PCI Energy Solutions for $1.4 billion. This transaction is set to become the largest acquisition in Mitsubishi Electric's history.
PCI Energy Solutions specializes in enterprise software for energy management and optimization, serving a wide range of power companies including utilities, public power entities, independent power producers, and wholesale market participants. Its software is designed to support end-to-end power trading, generation and transmission operations, supply-demand planning, risk management, and settlement, primarily in North America.