WEYMOUTH, Mass. — BHI Energy recently acquired Coastal Electrical Construction, a leading provider of substation, transmission and distribution, construction and maintenance services to major utilities in the southeastern U.S. Terms of the transaction were not disclosed.
This marks the third add-on acquisition BHI has completed in the transmission and distribution space under its ownership by AE Industrial Partners LP, a private equity firm specializing in aerospace, defense and government services, power generation and specialty industrial markets.
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