Nation Thailand
Mitsubishi Electric targets global smart energy growth with PCI deal
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◌ Single Source
Mitsubishi Electric Corporation is targeting energy solutions sales of 200 billion yen in fiscal 2030 through its planned purchase of US software provider PCI Energy Solutions .
Key facts
- That would be twice the 100 billion yen estimated for fiscal 2026, which ends next March.
- The US$1.4 billion transaction was announced on Thursday (August 20, 2026) and ranks as the biggest acquisition in Mitsubishi Electric’s history.
- Completion is expected during 2026, subject to regulatory approval.
- Ministry of Commerce Opens “Thailand Local SDGs Plus Expo 2026”, Driving Sustainable Growth for Thai Products
Summary
That would be twice the 100 billion yen estimated for fiscal 2026, which ends next March.
PCI’s customer base exceeds 120 companies and is concentrated in the US electricity market.