ABB signs potential $1.9 billion deal for Power Grids products in China

24 November 2018, News Wires — ABB’s Power Grids business has signed deals that could be worth around $1.9 billion to supply power transmission equipment to utility companies in China, a person familiar with the situation said. Claudio Facchin, the head of Power Grids, signed memorandums of understanding with Chinese companies including State Grid Corporation of China … More »