Novinium

Novinium specializes in cable rejuvenation services aimed at enhancing the reliability of underground cable systems for utility companies. By utilizing proprietary technology and a range of advanced formulations, Novinium's services, which include chemical restoration and dielectric enhancement, extend the life of cables while minimizing the need for replacements. The company focuses on providing efficient solutions that reduce outage times and hazard exposure, all backed by warranties of up to 40 years. With a team of experienced specialists and a commitment to continuous improvement, Novinium has saved its customers over $1 billion globally through its innovative approaches. Their tailored injection fluids and processes ensure that utility providers can meet reliability targets while maintaining capital efficiency and environmental sustainability. As a leader in the field, Novinium’s technologies have become essential for circuit owners worldwide, offering substantial improvements in cable performance and system reliability.

Richard Brinton

Vice President, Market Development

1 past transactions

UtilX

Acquisition in 2015
UtilX Corporation is a utilities company specializing in underground cable rehabilitation solutions and power cable life extension services. The company offers a range of services designed to extend the lifespan of power cables, including cablecure treatment. Additionally, UtilX assesses the condition of electrical systems through advanced technologies such as cablewise, which aids in identifying the state of cables and systems. The company's expertise also extends to locating splices and faults within electrical networks, ensuring reliable and efficient utility services.
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