A power module includes one of more bus capacitors and one or more power switching modules. The bus capacitors and power switching modules have positive and negative terminals. The positive terminals of the bus capacitors are arranged diagonally opposite to the positive terminals of the power switching modules. The negative terminals of the bus capacitors are arranged diagonally opposite to the negative terminals of the power switching modules. A laminated busbar assembly connects a positive conducting layer to the positive terminals and a negative conducting layer to the negative terminals. The laminated busbar assembly includes sets of tabs arranged diagonally opposite one another to match the arrangement of the terminals.