GE Joins High-Voltage Big Leagues With China XD
General Electric just closed a deal meant to buy it a seat at the table of the world’s biggest high-voltage transmission grid players. On Tuesday, GE announced the completion of a long-awaited investment and joint venture with China XD Electric Co., one of the world’s biggest transmission equipment makers in a country that’s leading the world in new high-voltage power lines. GE will spend $552.2 million to ...
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