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ABB, a global leader in power and automation technology, today announced the formation of a new joint venture, Linxon, with SNC-Lavalin (SNC.
TO) to execute a turnkey electrical AC substation project
.
The partnership was announced in December 2017 and Linxon is expected to commence operations on September 1, 2018, with SNC-Lavalin owning a majority stake and controlling stake
in the joint venture.
Linxon will undertake turnkey electrical AC substation projects
related to renewable and conventional generation, transmission and transportation solutions.
The turnkey solution will include project design, engineering, procurement, construction, management, commissioning and after-sales support
.
It was revealed that Linxon's opening backlog was worth $340 million
.
Linxon and Clean Power and SNC-Lavalin President and Chairman of the Board of Directors "We are pleased to join forces with ABB to pool their respective strengths to provide sustainable energy solutions
for substations.
while delivering value
to customers through cost-effectiveness and enhanced delivery capabilities.
”
The head of engineering, procurement, construction (EPC) solutions currently responsible for ABB's grid integration business has been named CEO of Linxon
.
"Linxon will combine ABB's technology leadership with SNC-Lavalin's expertise in managing infrastructure projects to deliver enhanced customer value
to customers," said the President of ABB's Power Grid Division.
As part of ABB's Power Up transformation program, this joint venture will help capture new business opportunities for both companies and strengthen our strategy
to build new alliances and business models.
" ”
:/, please indicate the source for reprinting)
ABB, a global leader in power and automation technology, today announced the formation of a new joint venture, Linxon, with SNC-Lavalin (SNC.
TO) to execute a turnkey electrical AC substation project
.
The partnership was announced in December 2017 and Linxon is expected to commence operations on September 1, 2018, with SNC-Lavalin owning a majority stake and controlling stake
in the joint venture.
Linxon will undertake turnkey electrical AC substation projects
related to renewable and conventional generation, transmission and transportation solutions.
The turnkey solution will include project design, engineering, procurement, construction, management, commissioning and after-sales support
.
It was revealed that Linxon's opening backlog was worth $340 million
.
Linxon and Clean Power and SNC-Lavalin President and Chairman of the Board of Directors "We are pleased to join forces with ABB to pool their respective strengths to provide sustainable energy solutions
for substations.
while delivering value
to customers through cost-effectiveness and enhanced delivery capabilities.
”
The head of engineering, procurement, construction (EPC) solutions currently responsible for ABB's grid integration business has been named CEO of Linxon
.
"Linxon will combine ABB's technology leadership with SNC-Lavalin's expertise in managing infrastructure projects to deliver enhanced customer value
to customers," said the President of ABB's Power Grid Division.
As part of ABB's Power Up transformation program, this joint venture will help capture new business opportunities for both companies and strengthen our strategy
to build new alliances and business models.
" ”
:/, please indicate the source for reprinting)
/
