Predecessor companies and formation In July 2020, following an agreement signed in 2018, ABB sold 80.1% of its Power Grids division to Hitachi Ltd. The resulting joint venture began operating as Hitachi ABB Power Grids. In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 p. OverviewHitachi Energy Ltd. is a technology company headquartered in, Switzerland. The company's products.
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