Bureau Veritas Acquires ArcVera Renewables to Accelerate Growth and Create a New Stronghold in the Renewables Sector in North America
Bureau Veritas, a global leader in Testing, Inspection, and Certification services, today announced the acquisition of ArcVera Renewables, a specialized provider in finance-grade consulting and technical services for wind, solar, and battery storage projects worldwide. This acquisition is aligned with Bureau Veritas LEAP | 28 strategy to create a new stronghold in the fast-growing sector of renewables.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903622866/en/
Hinda Gharbi, CEO Bureau Veritas (Photo: Business Wire)
Bureau Veritas contributes to the energy transition by providing the power sector customers end-to-end solutions to meet the immediate and future challenges of developing and operating renewable assets. This acquisition will expand Bureau Veritas’s capabilities, primarily in North America, to support landowners, developers and owners, and investors in delivering their wind and solar farm projects.
ArcVera Renewables provides customers with advanced technical site and resources assessments, and consultancy during the development and operations stages of utility-scale renewables projects. The company’s engineers, technical and subject matter experts support clients with risk reduction and ensure optimal asset performance. Since its inception, ArcVera Renewables has supported 9GW of solar projects in North and South America and has evaluated projects now representing 93,000 MW of wind capacity in the United States. ArcVera Renewables delivered revenues of €6.5 million in 2023 and is headquartered in Golden, Colorado.
“The acquisition of ArcVera Renewables supports our LEAP | 28 strategy, aimed at expanding our services and strengthening our position as a leader in the renewables and power generation sector,”said Hinda Gharbi, Chief Executive Officer of Bureau Veritas. “ArcVera Renewables has built a reputation for excellence in due diligence and operational verification on renewable projects. Their expertise will be a valuable addition to Bureau Veritas’s portfolio of capabilities for the energy transition services. I warmly welcome all new colleagues from ArcVera Renewables to Bureau Veritas.”
“We saw how the broad and deep technical prowess of Bureau Veritas would be a powerful catalyst for ArcVera Renewables”added Greg Poulos, CEO of ArcVera Renewables. “Since inception, our goal has been to accelerate the clean transformation of the world’s energy sector by delivering trustworthy, valuable, detailed, and independent technical analysis for the success of our clients. Joining Bureau Veritas is a leap forward in achieving this goal and is likewise transformational for the ArcVera team and its growing global renewable energy client-base.”
***
About Bureau Veritas
Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress.
With a vision to be the preferred partner for its customers’ excellence and sustainability, the company innovates to help them navigate change.
Created in 1828, Bureau Veritas’ 83,000 employees deliver services in 140 countries. The company’s technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability.
Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20, SBF 120 indices and is part of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI.
For more information, visit www.bureauveritas.com, and follow us on LinkedIn.
About ArcVera Renewables
ArcVera Renewables provides finance-grade consulting and technical services for wind, solar and storage projects worldwide. For the last four decades, ArcVera Renewables has been dedicated to delivering next-generation innovation in renewable energy to meet the needs of landowners, project developers, investors, project owners and operators globally. ArcVera Renewables provides technically sound and accuracy-driven technical services, including prospecting and resource assessment, independent technical and financial engineering, as well as plant optimization, operations and repowering. Subsidiary offices are located in India, Brazil, and South Africa, serving all continents.
For more information, visit www.arcvera.com, and follow us on LinkedIn.
Our information is certified with blockchain technology.
Check that this press release is genuine at www.wiztrust.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240903622866/en/
Contacts
ANALYST/INVESTOR CONTACTS
Laurent Brunelle
+33 (0)1 55 24 76 09
laurent.brunelle@bureauveritas.com
Colin Verbrugghe
+33 (0)1 55 24 77 80
colin.verbrugghe@bureauveritas.com
Karine Ansart
+33 (0)1 55 24 76 19
karine.ansart@bureauveritas.com
MEDIA CONTACTS
Anette Rey
+33 (0)6 69 79 84 88
anette.rey@bureauveritas.com
Martin Bovo
+33 (0) 6 14 46 79 94
martin.bovo@bureauveritas.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Moody’s Wins Top Ranking in ChartisRiskTech100 for Third Consecutive Year8.10.2024 19:00:00 EEST | Press release
Moody’s Corporation (NYSE:MCO) has been awarded the number-one overall ranking in the Chartis RiskTech100® 2025 report, marking Moody’s third consecutive year in the top position. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008104889/en/ The Chartis RiskTech100 is the most comprehensive study of the world’s leading providers of risk and compliance technology. The top ranking recognizes Moody’s unmatched ability to provide its customers with a holistic view of their risks through research, data, and analytics. “Winning the top award from Chartis for a third year in a row is a strong testament to how Moody’s stays on the cutting edge of developments in risk management technology,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “We seek to constantly innovate across our suite of products and solutions and put new technologies and insights into the hands of our customers as quickly as possible.” In addi
Quectel BG770A-SN Combines 5G and NTN Support in Ultra-compact New Module8.10.2024 18:00:00 EEST | Press release
Quectel Wireless Solutions, a global IoT solutions provider, is pleased to announce the launch of the Quectel BG770A-SN ultra-compact 5G-ready satellite communication module. Compliant with 3GPP Releases 13, 14 and 17, the module supports the LTE NB1 and NB2 bands as well as non-terrestrial networks (NTN) over narrowband-IoT (NB-IoT). Ultra-low power consumption helps minimize energy usage and is achieved through enabling Power Saving Mode (PSM) and extended idle mode Discontinuous Reception (e-I-DRX). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008708578/en/ Quectel BG770A-SN combines 5G and NTN support in ultra-compact new module (Photo: Business Wire) Ideal for a broad range of applications including transportation, energy, maritime, heavy industry and agricultural applications, the module is dual mode, supporting both NTN & TN and featuring GNSS for positioning functionality. The module also supports iSIM. “We’re d
Mercans Named Global Leader in Payroll Technology for the Second Consecutive Year - ISG Provider Lens™ 20248.10.2024 16:31:00 EEST | Press release
For the second consecutive year, ISG, an independent research firm, has named Mercans a Leader in its Global Managed Payroll Services (Multi-Country) ISG Provider Lens™ 2024 report. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008882905/en/ Mercans Named Global Leader in Payroll Technology for the Second Consecutive Year - ISG Provider Lens™ 2024 (Photo: AETOSWire) In this annual assessment, out of 26 payroll solutions and services providers evaluated, Mercans stood out as an industry leader for its G2N Nova platform which uses cutting-edge artificial intelligence (AI) and machine learning (ML) to deliver anonymous, accurate payroll services to companies worldwide. The platform’s ability to automate workflows and eliminate human intervention ensures that payroll operations are both secure and error-free, further solidifying Mercans’ position as an industry leader. ISG Analyst Applauds Mercans’ Digital Transformation in
Mercury NZ Selects Rimini Street to Provide Support and Monitoring Services for its SAP Systems8.10.2024 16:00:00 EEST | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and an AWS partner, today announced that Mercury NZ has selected Rimini Support™ and Rimini Watch™ for SAP, as part of its strategic move to achieve cost efficiencies and retain stability of its core IT systems after its acquisition of the Trustpower retail business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008548617/en/ Mercury NZ Selects Rimini Street to Provide Support and Monitoring Services for its SAP Systems (Graphic: Business Wire) Having achieved significant savings, the renewable energy company is funding investment and continued modernization of its platforms to meet growing consumer demands. “Mercury is constantly looking to innovate, to make sure we are offering products and services that our customers value in moder
Avania Buys Spanish MedTech CRO Anagram to Enhance Its Core CRO Offering in a New European Geography8.10.2024 16:00:00 EEST | Press release
Avania, the leading, global medical technology contract research organization (CRO) and advisory services partner, today announced its acquisition of Anagram. Headquartered in Barcelona, Spain, Anagram is one of the leading MedTech CROs in the Iberian Peninsula, providing MedTech solutions to its customers in Spain, the wider European market, and beyond. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008530546/en/ Avania, the leading, global medical technology contract research organization and advisory services partner, announces its acquisition of Anagram. (Graphic: Business Wire) Founded in 1998, Anagram delivers a full service CRO model to their customers including diagnostic imaging core lab (centralized quality control and central assessment of images in clinical trials) services. It is focused on cardiology, oncology, and neurology therapeutic areas. They conduct studies in the U.S., U.K., Spain, Netherlands, Franc
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom