FRANKFURT (Reuters) - General Electric is looking for acquisitions in smart grid technology, the head of the U.S. company's northern and eastern European smart grid business told Financial Times Deutschland.
"The fact that smart grids are now becoming reality is attracting a lot of investors and potentials buyers," the paper quoted Keith Redfearn as saying in an article published on Friday.
Smart grids are electricity networks that integrate generators and consumers to make power supply more efficient and sustainable.
