Mitsubishi Electric acquires PCI Energy Solutions

AUGUST 21, 2026

Mitsubishi Electric acquires PCI Energy Solutions

TARGET

Power trading, generation scheduling, and grid optimization SaaS for U.S. electric utilities, public power entities, and independent power producers.

Revenue	$81.4 million (2025)
Ownership	Founder-owned
Headcount	~300 FTEs
Headquarters	Norman, Oklahoma
Sell-side advisor	—

ACQUIRER

Mitsubishi Electric

Japanese multinational electronics and electrical equipment manufacturer listed on the Tokyo Stock Exchange

Deal value	$1.4B purchase price
Ownership	Publicly traded (TSE: 6503)
Headquarters	Tokyo, Japan
Buy-side advisor	—

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Mitsubishi Electric -> PCI Energy Solutions  (2026-08-21)
strategic_acquisition | Energy/Utilities | $1.4 billion purchase price | announced
Target: Power trading, generation scheduling, and grid optimization SaaS for U.S. electric utilities, public power entities, and independent power producers.
Website: pcienergysolutions.com | Buyer site: mitsubishielectric.com
HQ: Norman, Oklahoma | Ownership: founder-owned | Buyer ownership: public (TSE: 6503)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/mitsubishi-electric-pci-energy-solutions.html

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