What is the total amount ABB plans to invest in expanding medium-voltage equipment production in Europe, and how will it be allocated?

ABB will invest about $200 million over three years: $100 million for a new factory in Dalmine, northern Italy, and another $100 million to expand existing plants in Bulgaria, Finland, Germany, Norway, and Poland.

What key drivers of electricity demand is ABB citing to justify this investment, and what broader energy trend does it reflect?

ABB cites rising power demand from data centres (supporting artificial intelligence), electric vehicles, heat pumps, industrial decarbonisation, increased heating and cooling needs, and onshoring of industries — reflecting a structural, long-term shift where electricity is expected to account for nearly 30% of final energy use by 2030, up from about 20% today.

ABB to invest $200 million in medium-voltage equipment production in Europe

May 10, 2026

ABB announced a $200 million investment to expand European medium-voltage grid equipment production to meet rising power demand from data centers, EVs, and industry. The three-year program aims to boost capacity by up to 300% and create 800 jobs across multiple countries.

reuters

2026-05-10

ABB to invest $200 million in medium-voltage equipment production in Europe

ABB to invest $200 million in medium-voltage equipment production in Europe

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