Power & Grid: 20 October 2026

• 01

  Schneider Electric raised about €6.0 billion by selling new shares, and the sale went through.

  A raise this size at one of the biggest electrical equipment makers means existing shareholders' stakes are spread across more shares, and it puts a large pool of fresh money behind the company. It is the largest piece of news for the equipment part of the chain today.

  Electrical equipment· SU.PA·Source 1·Source 2

  Closest to a screener match in Electrical equipment · Tuesday's close, 20 Oct

  • ABBABBN.SW

    Two checks short of a pick.

    Not a match

  • EatonETN

    Two checks short of a pick.

    Not a match
• 02

  ABB agreed to pay $495 million for control of a Mitsubishi Electric unit, and Prysmian finished buying Atkore.

  Two makers of grid and electrical products are buying businesses at the same time. That points to companies adding capacity and product range by acquisition, which matters for both equipment makers and cable and grid builders.

  Electrical equipment · Grid builders· ABBN.SW, PRY.MI·Source 1·Source 2

  Closest to a screener match in Electrical equipment and Grid builders · Tuesday's close, 20 Oct

  • Quanta ServicesPWR

    Two checks short of a pick.

    Not a match

  • ABBABBN.SW

    Two checks short of a pick.

    Not a match
• 03

  AEP, Amazon and X-energy are planning a 12-reactor small modular reactor plant, and Oklo and NANO Nuclear also announced projects.

  A big utility and a big tech buyer working with a reactor developer shows who may pay for new nuclear. Oklo's isotope facility plan and NANO Nuclear's licence transfer filing with the NRC are smaller steps in the same direction, so the news lands on the new-nuclear developers and the utilities that would own the plants.

  New nuclear · US utilities· AEP, OKLO, NNE·Source 1·Source 2·Source 3

  Closest to a screener match in New nuclear and US utilities · Tuesday's close, 20 Oct

  • Dominion EnergyD

    One check short of a pick.

    Not a match

  • Xcel EnergyXEL

    Two checks short of a pick.

    Not a match
• 04

  Centrus Energy bought Westerman Holdings, a key supplier of centrifuge components, but its shares closed 4.2% lower.

  Owning a supplier of a key centrifuge part gives Centrus more control over its manufacturing and adds non-nuclear manufacturing work to its revenue. The market did not reward it on the day, and Kazatomprom also fell 4.3%, so uranium stocks were soft.

  Uranium· LEU, KAP.IL·Source 1·Source 2

  Closest to a screener match in Uranium · Tuesday's close, 20 Oct

  • KazatompromKAP.IL

    Two checks short of a pick.

    Not a match

  • Centrus EnergyLEU

    Three checks short of a pick.

    Not a match

Published 20/10/2026, 08:03 UTC · claude-sonnet-5-5