ABB to form electrical substation EPC JV with SNC-Lavalin

ABB is to form a joint venture with Canada’s SNC-Lavalin for electrical substation EPC projects.

SNC-Lavalin will have a controlling stake in the JV, according to a statement from Zurich-based ABB announcing the move as part of a wider shake-up of its EPC-focused activities.

“The new entity will leverage ABB’s power technology leadership and SNC-Lavalin project expertise to capture opportunities for profitable growth,” said ABB.