Accelleron (ABB Turbocharging) News

Accelleron has unveiled the next generation of turbochargers for two-stroke engines, the X300-L series. The platform-based and easy-service concept complemented by Accelleron’s Turbo Insights digital technology sets a new benchmark for turbocharging that will offer ship operators the flexibility to respond to uncertainty around the fuels they will use and how they will operate their vessels in the future. benefits of the X300-L series The benefits of the X300-L series, which currently c...

ABB has reached an agreement to sell its Power Conversion division to AcBel Polytech Inc. for US$ 505 million in cash. The transaction is subject to regulatory approvals and is expected to be completed in the second half of 2023. Upon closing, ABB expects to record a small non-operational book gain in income from operations on the sale. The Power Conversion division, formerly Lineage Power, was acquired by ABB as part of the GE Industrial Solutions acquisition in 2018 and is not core to ABB. A...

Following a decision by its Board of Directors, ABB announces its intention to spin off Accelleron (formerly ABB Turbocharging), its turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders. Accelleron’s listing on SIX Swiss Exchange in Zurich is planned for October 3, 2022, and is subject to, among others, approval by ABB’s shareholders at an Extraordinary General Meeting scheduled for September 7, 2022. The propos...