By Editor , 28 October 2026
Vertiv Closes $1.45B Cash Deal for Microgrid Specialist UIG

Columbus – October 27, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has completed its acquisition of Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (UIG), for approximately $1.45 billion in upfront cash, adding microgrid and behind-the-meter power capabilities for data centers constrained by grid access.