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- The creation of a third sector, Alstom Grid, opens a new development phase for Alstom
By its acquisition on 7 June 2010 of Areva T&D’s transmission business, Alstom completes a decisive stage in its development by forming a new sector, named Alstom Grid, to supplement the existing two sectors in power generation and rail transport, Power and Transport.
“Alstom Grid, which is Alstom’s high-voltage transmission business, will be its third sector alongside Power and Transport. This sector will benefit from all the synergies and all the resources that the Group has, particularly in its international network having a presence in 70 countries, its technological and industrial capabilities and in the existing links between the high-voltage electricity transmission and power generation business,” says Patrick Kron, Alstom’s Chief Executive Officer.
Alstom Grid generated sales of over €3.5 billion in 2009. Employing 20,000 people on more than 90 manufacturing sites worldwide, Alstom Grid is among the top three groups specialising in electricity transmission.
“Alstom Grid brings its customers more than 100 years of experience in the development of the world electrical grids, advanced technologies and expertise in key domains such as power electronics, ultra high voltage, direct current interconnections, integration of renewables into the grid and network management solutions. Alstom Grid has all the necessary advantages in terms of technologies, manufacturing and people to continue to be a leading contributor to the smarter grids of the future,” says Henri Poupart-Lafarge, President of Alstom Grid.