Le Lézard
Classified in: Oil industry, Business
Subject: TNM

SOCOMEC Acquires Strategic Minority Stake in EPC Power


SAN DIEGO, Nov. 5, 2018 /PRNewswire/ -- Today EPC Power announced that SOCOMEC US Holding Corp. has acquired an interest in EPC Power.  Terms of the investment were not disclosed.

SOCOMEC US Holding Corp. is the US subsidiary of SOCOMEC SAS ? a Benfeld, France Innovative Power Solution Provider that is an independent, industrial group of 580M$ revenue, with a workforce of over 3,200 people spread over 27 subsidiaries worldwide.

This investment provides SOCOMEC with access to additional inverter products and R&D support key to expanding their North American and global product roadmap, while providing EPC Power with a reliable worldwide strategic partner and additional capital to further accelerate R&D and manufacturing expansions.

For more information about EPC inverters and the company's extensive line of power conversion technology products ? designed and manufactured in San Diego County, Calif. ? please call +1.858.748.5590.

About EPC Power Corp.

EPC Power creates innovative power conversion products that are stable, powerful and compact. The firm's field of excellence is the development of globally competitive high-power, high-density electrical conversion systems with a power range of ~100 kilowatts to multi-MW utility scale. EPC products are used in a variety of applications including distributed generation, microgrid, transportation, renewable energy, industrial manufacturing and more.  Based in San Diego, EPC Power engineers and manufactures its commercial power conversion technology for use around the world.  EPC's products are NRTL certified to UL standards for use across North America.  Visit www.epcpower.com to learn more.

About SOCOMEC

Founded in 1922, SOCOMEC is a leader in the power industry with an entire line of low voltage electrical networks such as load and transfer switches, a complete line of fuse and electronic protection, multifunction meter products as well as power conversion systems and energy storage solutions. Visit www.socomec.com to learn more.

Media contact: Laura Schieber
[email protected]
+1.214.686.2618

SOURCE EPC Power


These press releases may also interest you

at 19:00
Avid Controls Ensures Continuous Support for the Entire GEPC/Converteam MV3000 Product Line
Avid Controls is an authorized licensed manufacturer of the GEPC/Converteam MV3000 product line, and is dedicated to providing world-class support to customers for the entire lifespan of their equipment. The MV3000 modules provide reliable ancillary...

at 18:38
CLEARVIEW RESOURCES LTD. REPORTS 2023 YEAR END RESULTS
Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its reserves report and financial and operational results for the year ended December 31, 2023....

at 18:00
Alvopetro Files Emergency Arbitration Request
Alvopetro Energy Ltd. ("Alvopetro") announces that it has filed a request for an emergency arbitration (the "Emergency Arbitration Application") before the International Court of Arbitration of the International Chamber of Commerce ("ICC") in...

at 17:30
ShaMaran Corporate Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company")  announces that its Annual General and Special Meeting of Shareholders (the "Meeting") will be held in Canada on Tuesday, June 25, 2024, at 8:00 am (Pacific Time) at 1055 Dunsmuir Street, Suite...

at 17:27
PERPETUAL ENERGY INC. ANNOUNCES THE COMPLETION OF THE EARLY REDEMPTION OF ITS SENIOR SECURED NOTES
? Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to announce the completion of its previously announced early redemption of its 8.75% senior secured third-lien notes maturing January 23, 2025 (the "2025 Senior Notes"), with the...

at 17:25
MEDIA ADVISORY - Ministers Wilkinson and Valdez to Highlight Budget 2024 Investments in Innovation and Productivity in Coquitlam
The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and the Honourable Rechie Valdez, Minister of Small Business, will hold a media availability to highlight the federal budget's commitments to getting projects built faster...

More news about Oil industry...


News published on and distributed by: