11. March 2025
(CONNECT) Linxon, a joint venture between AtikinsRéalis in Montreal in the Canadian province of Quebec and Hitachi Energy, which is headquartered in Baden in the canton of Aargau, Switzerland, has announced a successful financial year 2024: Including the final month of December, Linxon secured orders in the amount of 1 billion US dollars.
According to the information, these orders were spread across all three market regions serviced by Linxon: The Americas, Asia-Pacific/Middle East & Africa, and Europe. In this context, the majority of the business activities was reportedly focused on transmission network operators. Reportedly. there were also notable successes in relation to energy storage systems on the American continent, including entering the Puerto Rico market with an initial batch of nine projects for the integration of renewable energies.
Moreover, the company states that it has significantly expanded its market presence in the Middle East after securing a major contract in Abu Dhabi. In Europe real progress has been made in terms of expanding the portfolio of transmission system operator projects in Linxon’s core markets. Linxon expects to receive new orders in the first half of the current year.
“We are ideally positioned for the market super cycle and are fully dedicated to maintaining this growth trajectory”, comments Stefan Reisacher, CEO of Linxon. “With our recent consolidation into three robust hubs, we have seen continuous improvement in our execution capabilities. Effective project execution – delivered on time, with quality, and within budget – is fundamental to our business success”. ce/mm
