Siemens Energy is set to acquire Camlin Group in order to enhance grid monitoring and digitalization for integrating renewables into electricity grids. This acquisition will bring advanced sensor-based monitoring technology for transformers, enabling predictive maintenance and improving reliability. With a €220 million investment to expand its transformer factory, Siemens Energy is responding to the growing demand for stabilizing power grids. Together, the two companies aim to support utilities in managing power flows and maximizing renewable asset availability, while also working with international renewable energy companies to strengthen portfolio performance and enable earlier detection of risks.