#Switzerland #Linxon #Hitachi Energy #AtkinsRéalis #Baden

Linxon Secures $1 Billion in New Contracts for Turnkey Projects in 2024

In an impressive announcement, Linxon, a strategic alliance between AtkinsRéalis and Hitachi Energy, declared their achievement of gaining $1 billion in new orders by the end of December 2024. This success marks a significant milestone for Linxon following a robust performance in 2023, highlighting the trust and reliability they have fostered with their clients and their impressive growth trajectory in the competitive power transmission sector.

The contracts awarded span across three major global regions: the Americas, Asia Pacific/Middle East/Africa, and Europe, showcasing a substantial contribution from each area. While the core of Linxon’s operations are primarily with Transmission System Operators (TSOs), there is a noteworthy expansion in Energy Storage Systems (ESS) particularly in the Americas. This includes an innovative entry into Puerto Rico where they are currently initiating nine projects aimed at integrating renewable energy solutions.

In the Middle East, Linxon has made significant strides as well, securing a major contract in Abu Dhabi. In Europe, they have been actively refreshing their project pipeline with the TSOs in their core markets, leading to new contracts expected to be awarded in the first half of 2025.

"We are ideally positioned for the market super cycle and are fully dedicated to maintaining this growth trajectory, increasing the services to our customers, providing opportunities to our staff, and achieving strong financial results for our shareholders," stated Stefan Reisacher, CEO of Linxon. This clear commitment to both client satisfaction and internal workforce development reflects Linxon’s strategy for navigating future market challenges.

The consolidation of their operations into three efficient hubs has yielded improved project execution capabilities, which Reisacher identifies as the linchpin of their success. The ability to deliver projects effectively—on time, within budget, and to the highest quality standards—is fundamental to sustaining their growth.

Linxon’s expansion into varied regions and their focus on contemporary solutions such as energy storage indicates a proactive approach in the face of rising global energy demands and a clear shift towards renewable sources. Their efforts position them strongly not just within the intricacies of power transmission but also at the forefront of energy innovation.

In conclusion, Linxon’s recent accomplishment of securing these contracts is not just a testament to their operational effectiveness but also a clear indicator of their strategic positioning within the global energy landscape. Their ongoing commitment to enhance operational capabilities and deliver value to clients and stakeholders alike ensures that they will remain a significant player in the energy sector as we move forward into the complexities of a transitioning energy economy.
For more updates on Linxon and its projects, stay tuned for future announcements as they continue to shape the energy landscape around the globe.