Linxon and its shareholders celebrate 4th anniversary

Linxon, a joint venture company owned by SNC-Lavalin and Hitachi Energy, is today celebrating its 4th anniversary.

On September 1, 2018, SNC-Lavalin and Hitachi Energy launched Linxon, bringing together their experience, product technologies and project delivery excellence with the strong financial backing of two experienced icons in the industry. The vision became a success and after significant growth Linxon is now recognized as a major global EPC partner to customers.

The JV is a successful result of two industry powerhouses and pioneers in the energy sector joining forces together to form a new company dedicated to innovating electric grid infrastructure solutions. Linxon is driving change in the industry by bringing new innovative solutions to rail, battery storage, data center, offshore wind and substation markets around the world. The team has executed more than 600 projects safely and with the highest levels of quality, and has been involved in multiple “firsts” such as US offshore and Indian metro substation projects.

“Linxon has shown tremendous success within such a short period of time, making its mark in the energy market with their unique value proposition. As the major shareholder, we remain committed to supporting the team in achieving Linxon’s goals, delivering for our clients and playing a major role in the energy transition at the heart of the drive towards a more sustainable future”, said Steve Morriss, President, Engineering Services, United States, Asia Pacific and Mining & Metallurgy of SNC-Lavalin and Chair of the Linxon Board.

“It’s great to see the success of Linxon and its contribution to the urgent energy transition. It is important that we all collaborate across stakeholder groups on the journey towards a carbon-neutral future”, said Daniel Assandri, SVP of Hitachi Energy and member of the Linxon Board.

“Linxon is very fortunate to have the backing of its shareholders, which underpins the value proposition of combining SNC-L’s delivery capability with Hitachi Energy’s technology. This value proposition is fully recognized by our customers and instrumental in achieving growth in Linxon’s first four years. It will continue to be a source of differentiation and sustained success for the years to come,” said Stefan Reisacher, Linxon’s Chief Executive Officer.

Growth at Linxon has been rapid and sustained over the past four years, especially in the transportation and renewable energy markets, providing value for our customers through cost efficiencies and improved delivery capabilities. The most recent achievements include energizing several substations in India and the UK, several expansion order wins in Saudi Arabia, as well as a number of significant new projects in Sweden. The recent ramp-up in the US, specifically within the renewables and data center markets, also demonstrates a path to significant growth and customer satisfaction.

Today, Linxon reaffirms its commitment to building infrastructure to sustainably power the world with carbon-free energy while following its principles of HSE and integrity. We strive to deliver excellence in engineering, procurement, design and the delivery of projects without harm to people and the environment.