Powertech Labs completed the acquisition of LIFTE H2.

Powertech Labs, a testing labs for a one-stop-shop approach to managing utility generation, transmission and distribution power system, completed the acquisition of LIFTE H2, a hydrogen infrastructure engineering and development company. Financial terms were not disclosed. “This acquisition propels Powertech Labs towards an accelerated growth trajectory, unlocking emerging opportunities in the hydrogen field, and improving our access to the US market. In addition to growing our infrastructure product offerings, acquiring the LIFTE H2 team greatly expands our collective technical expertise to best serve the market,” Pierre Poulain, Powertech Labs President & CEO.