Alstom, Schneider consider bid for Areva T&D
In order to achieve this, Alstom and Schneider Electric would create a common structure which would bid for Areva T&D and, if this offer is accepted, would ultimately transfer the transmission activities to Alstom and the distribution activities to Schneider Electric.
Such a transfer of activities would have no social consequences.
This offer will optimize the strategic, industrial and commercial strengths that both Alstom and Schneider can bring to each of the two areas of T&D and maximize the value of the business. This offer would consequently be more attractive for the vendor.
The high voltage Transmission (T) part of Areva T&D is very close to AlstomÂ’s own activities in power generation. Alstom will bring to Areva T&D its expertise and knowledge in power networks and automated systems, its know-how in the management of large projects and the full benefit of AlstomÂ’s worldwide commercial network which is particularly focused on power generation utilities, the primary market for high voltage activities.
The medium voltage Distribution (D) part of Areva T&D is a business in which Schneider Electric is very active and that it would like to reinforce. Schneider Electric would bring to Areva T&D its considerable technical and operational strengths in automation and medium voltage, its worldwide sales network, as well as a complementary access to Industry, Building and Infrastructures, major markets for medium voltage activities.
This consolidation around two major worldwide industrial groups, specialised in their own fields, would represent a considerable development opportunity for Areva T&DÂ’s employees.
Related News
There's a Russia-Sized Mystery in China's Electricity Sector
BEIJING - Here’s a new obstacle that could prevent the world finally turning the corner on climate change: Imagine that over the coming decade a whole new economy the size of Russia were to pop up out of nowhere. With the world’s fourth-largest electricity sector and largest burden of power plant emissions after China, the U.S. and India, this new economy on its own would be enough to throw out efforts to halt global warming — especially if it keeps on growing through the 2030s.
That’s the risk inherent in China’s seemingly insatiable appetite for grid power.
From the cracking pace of…
