SECTOR
Marsons, Cleanhill to form JV to scale power transformer manufacturing in North America
Oct-06-2026

Marsons and Cleanhill Partners are planning to form a joint venture (JV) to accelerate transformer distribution, service, and manufacturing operations across the United States and Canada. Cleanhill Partners is a New York-based private equity firm with a proven track record of scaling companies supporting the build-out of energy infrastructure. 

The company is currently executing transformer orders for major U.S. renewable energy and utility projects, including GSUs up to 200 MVA and pad-mounted units across multiple locations. The joint venture combines the company’s transformer engineering and manufacturing capabilities and U.S. project experience with Cleanhill’s market network, capital, and operational expertise to address this growing demand. A longer-term vision includes full-scale transformer manufacturing in North America, positioning both companies to address sustained demand from grid modernization, renewable energy infrastructure expansion, and data center power requirements.

Marsons is an India-based company engaged in manufacturing of transformers. The company operates in two divisions: transformer division and project division.

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