Mitsubishi Electric to acquire US energy software company for $1.4bn

Business dealsPCI Energy Solutions makes platforms for forecasting demand, trading electricityThe deal for PCI Energy Solutions is set to become the largest acquisition in Mitsubishi Electric's history. (Photo by Shintaro Ino)NEO JIMBOAugust 21, 2026 00:04 JSTTOKYO -- Mitsubishi Electric announced on Thursday that it will purchase U.S.-based energy management software provider PCI Energy Solutions for $1.4 billion, in a deal set to become the largest acquisition in its history.Read NextLatest on Business deals