Siemens Energy – Siemens Energy expands capabilities with Camlin Group acquisition
- Acquisition strengthens Siemens Energy’s digital grid, analytics and asset monitoring capabilities
- With 650 employees and revenue of over £90m, Camlin Group will be wholly owned by Siemens Energy but managed independently
- Acquisition supports Siemens Energy’s strategy to continuously strengthen and expand its portfolio
Siemens Energy has reached an agreement to acquire Camlin Group, a Northern Ireland-based specialist in grid monitoring, analytics and asset digitalization technologies. The acquisition will expand Siemens Energy’s digital grid portfolio at a time of accelerated global investment in electricity networks. Financial details were not disclosed. The transaction is subject to regulatory approvals and is expected to close before the end of 2026.
Power grids worldwide are under increasing pressure from aging infrastructure, rising electrification, higher load volatility and the rapid integration of renewable energy. The need for digital technologies that provide grid operators with real time insight, predictive maintenance and faster fault detection is growing. Through the acquisition of Camlin Group, Siemens Energy will broaden its capabilities and strengthen its digital offering in sensor based monitoring, data analytics and software enabled grid intelligence.
Camlin Group is headquartered in Lisburn, Northern Ireland, employs around 650 people, and operates across UK, Europe, North America, Australia and Asia, with a revenue of over £90m. Founded in 2010, by a small group of engineers in Northern Ireland, Camlin Group quickly expanded by delivering innovative engineering solutions across energy and rail systems.
Tim Holt, Member of the Executive Board of Siemens Energy said: “Grid expansion and digitalization are becoming decisive factors for energy security, economic growth and the energy transition. In an ever-changing market, we need to adapt quickly. That is why we are constantly strengthening and expanding our existing portfolio. Camlin Group is known for their high-quality products, skilled workforce and advanced software portfolio. Together, we can help customers move from reactive maintenance to data driven, condition based operation.”
Peter Cunningham, CEO of Camlin Group, said: “Our partnership with Siemens Energy reflects a strong alignment in values, technology and long-term vision. Siemens Energy recognises the strength of our technology, our people and our customer relationships, and sees Camlin as a natural fit within their strategy for the future grid. For our customers, business operations will continue as usual and our experienced leadership team will remain at the helm. Longer term, Siemens Energy’s scale, investment and global reach will help us move faster and deliver greater impact across our markets.”
SourceSiemens Energy
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More information on Camlin Group by Siemens Energy: https://camlingroup.com/ + Camlin Group is transforming critical energy and rail infrastructure for a resilient and sustainable future. Backed by decades of experience, our industry-leading technologies offer unparalleled insight into network asset health, whilst our culture of innovation means we are fixing tomorrow’s challenges today.
Founded in 2008 with a small team of visionary engineers, Camlin Group, headquartered in Lisburn, Northern Ireland, has evolved into a powerhouse of innovation in the energy and rail sectors. Today we employ around 650 talented professionals and operate across 21 cities in 17 countries with revenue of over £90m. From our headquarters in Lisburn to operations in Europe, North America, Asia, Middle East and beyond, we serve a diverse range of customers in the energy and rail industries.
More information on Peter Cunningham (Chief Executive Officer, Camlin Group, Siemens Energy): See the full profile on EMR Executive Services
EMR Additional Notes:
- Grid, Microgrids, DERs and DERM’s:
- Grid / Power Grid:
- The power grid is a network for delivering electricity to consumers. The power grid includes generator stations, transmission lines and towers, and distribution networks.
- The grid constantly balances the supply and demand for the energy that powers everything from industry to household appliances.
- Electric grids perform three major functions: generation, transmission, and distribution
- Microgrid:
- Small-scale power grid that can operate independently or collaboratively with other grids. The practice of using microgrids is known as distributed, dispersed, decentralized, district or embedded energy production.
- Group of interconnected loads and DERs (Distributed Energy Resources) within clearly defined electrical and geographical boundaries which acts as a single controllable entity with respect to the main grid.
- A microgrid can operate in both grid-connected mode and islanded (off-grid) mode.
- Smart Grid:
- An electrical grid enhanced with digital communication, automation, and IT systems across generation, transmission, distribution, and consumption levels.
- Enables real-time monitoring, control, demand response, and integration of DERs.
- Distributed Energy Resources (DERs):
- Small-scale electricity supply and demand-side resources (typically in the range of a few kW up to tens of MW, depending on definition) that are interconnected to the electric grid. They are power generation resources and are usually located close to load centers, and can be used individually or in aggregate to provide value to the grid.
- Common examples of DERs include rooftop solar PV units, natural gas turbines, microturbines, wind turbines, biomass generators, fuel cells, tri-generation units, battery storage, electric vehicles (EV) and EV chargers, and demand response resources (load flexibility).
- Distributed Energy Resources Management Systems (DERMS):
- Platforms which help mostly distribution system operators (DSO) manage their grids that are mainly based on distributed energy resources (DER).
- DERMS are used by utilities and other energy companies to aggregate and orchestrate distributed energy resources for participation in the demand response market and grid services (e.g., flexibility, voltage control, congestion management).
- Grid / Power Grid:
- Predictive Maintenance (PdM):
- Predictive maintenance (PdM) is a proactive maintenance strategy that uses real-time sensor data, historical information, and analytics to anticipate and prevent equipment failures before they occur.
- By monitoring an asset’s actual condition through sensors and analyzing performance data, organizations can determine the optimal time for maintenance, thereby reducing unplanned downtime, extending equipment lifespan, and lowering maintenance costs.