Vertiv agreed to acquire UtilityInnovation Group for about $1.45 billion in cash at closing, with up to $1.15 billion more tied to EBITDA targets over 12- and 24-month periods. The deal adds microgrid controls, onsite generation and storage orchestration, microgrid switchgear and behind-the-meter design to Vertiv’s AI data-center infrastructure stack. The system signal is that time to power is becoming a strategic control point in the AI industrial buildout, not just a utility-procurement issue.
Vertiv Turns Microgrids Into an AI-Data-Center Time-to-Power Stack
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