Hitachi completed the acquisition of the remaining 20% stake in Hitachi Energy from ABB for $1.7bn.

Hitachi, a Japanese multinational conglomerate corporation headquartered in Chiyoda, Tokyo, completed the acquisition of the remaining 20% stake in Hitachi Energy, a sustainable energy firm, from ABB, a pioneering technology company, for $1.7bn. "We are pleased with the progress of Hitachi Energy, and we look forward to supporting the Hitachi Energy 2030 Plan, as announced during Hitachi Investor Day 2022," Yoshihiko Kawamura, Hitachi Executive Vice President and Executive Officer, CFO.