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Bureau Veritas Acquires ArcVera Renewables to Accelerate Growth and Create a New Stronghold in the Renewables Sector in North America

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Bureau Veritas acquires ArcVera Renewables, a specialized provider in finance-grade consulting and technical services for wind, solar, and battery storage projects. This acquisition aligns with Bureau Veritas's LEAP | 28 strategy to create a new stronghold in the fast-growing renewables sector, primarily in North America. ArcVera Renewables, headquartered in Golden, Colorado, delivered revenues of €6.5 million in 2023 and has supported 9GW of solar projects in North and South America, evaluating projects representing 93,000 MW of wind capacity in the United States.

The acquisition aims to expand Bureau Veritas's capabilities in supporting landowners, developers, owners, and investors in delivering renewable energy projects. It strengthens Bureau Veritas's position as a leader in the renewables and power generation sector, enhancing its portfolio of energy transition services.

Bureau Veritas acquisisce ArcVera Renewables, un fornitore specializzato in consulenza e servizi tecnici di livello finanziario per progetti nel settore eolico, solare e di stoccaggio delle batterie. Questa acquisizione si allinea alla strategia LEAP | 28 di Bureau Veritas, volta a creare una nuova roccaforte nel settore delle energie rinnovabili in rapida crescita, principalmente in Nord America. ArcVera Renewables, con sede a Golden, Colorado, ha registrato ricavi di 6,5 milioni di euro nel 2023 e ha supportato 9GW di progetti solari in Nord e Sud America, valutando progetti per una capacità eolica di 93.000 MW negli Stati Uniti.

L'acquisizione mira ad espandere le capacità di Bureau Veritas nel supportare proprietari terrieri, sviluppatori, proprietari e investitori nella realizzazione di progetti di energia rinnovabile. Essa rafforza la posizione di Bureau Veritas come leader nel settore delle rinnovabili e della produzione di energia, migliorando il suo portafoglio di servizi per la transizione energetica.

Bureau Veritas adquiere ArcVera Renewables, un proveedor especializado en consultoría y servicios técnicos de calidad financiera para proyectos de energía eólica, solar y almacenamiento de baterías. Esta adquisición se alinea con la estrategia LEAP | 28 de Bureau Veritas para crear un nuevo bastión en el sectores de energías renovables de rápido crecimiento, principalmente en América del Norte. ArcVera Renewables, con sede en Golden, Colorado, reportó ingresos de 6,5 millones de euros en 2023 y ha apoyado 9GW de proyectos solares en América del Norte y del Sur, evaluando proyectos que representan 93,000 MW de capacidad eólica en Estados Unidos.

La adquisición tiene como objetivo expandir las capacidades de Bureau Veritas para apoyar a propietarios de tierras, desarrolladores, propietarios e inversores en la entrega de proyectos de energía renovable. Fortalece la posición de Bureau Veritas como líder en el sector de las energías renovables y generación de energía, mejorando su cartera de servicios de transición energética.

Bureau Veritas가 ArcVera Renewables를 인수합니다. 이는 풍력, 태양광 및 배터리 저장 프로젝트를 위한 재무 등급의 컨설팅 및 기술 서비스를 전문으로 제공하는 업체입니다. 이번 인수는 Bureau Veritas의 LEAP | 28 전략에 따라 빠르게 성장하는 재생 가능 에너지 분야에서 새로운 거점을 구축하기 위한 것입니다. 콜로라도주 골든에 본사를 둔 ArcVera Renewables는 2023년에 650만 유로의 수익을 올렸으며, 북남미에서 9GW의 태양광 프로젝트를 지원하였고, 미국에서 93,000MW의 풍력 용량을 평가하는 프로젝트를 진행했습니다.

이번 인수는 Bureau Veritas의 토지 소유자, 개발자, 소유자, 투자자를 지원하여 재생 가능 에너지 프로젝트를 수행할 수 있는 능력을 확장하는 것을 목표로 합니다. 이는 재생 가능 에너지 및 전력 생성 분야에서 Bureau Veritas의 리더십을 강화하고, 에너지 전환 서비스 포트폴리오를 향상시키는 데 기여합니다.

Bureau Veritas acquiert ArcVera Renewables, un fournisseur spécialisé dans le conseil et les services techniques de niveau financier pour des projets d'énergie éolienne, solaire et de stockage de batteries. Cette acquisition s'inscrit dans la stratégie LEAP | 28 de Bureau Veritas, visant à établir une nouvelle base dans le secteur en pleine croissance des énergies renouvelables, principalement en Amérique du Nord. ArcVera Renewables, dont le siège est situé à Golden, dans le Colorado, a réalisé un chiffre d'affaires de 6,5 millions d'euros en 2023 et a soutenu 9GW de projets solaires en Amérique du Nord et du Sud, en évaluant des projets représentant une capacité éolienne de 93 000 MW aux États-Unis.

Cette acquisition vise à renforcer les capacités de Bureau Veritas pour aider les propriétaires fonciers, les développeurs, les propriétaires et les investisseurs à réaliser des projets d'énergie renouvelable. Elle renforce la position de Bureau Veritas en tant que leader dans le secteur des énergies renouvelables et de la production d'énergie, tout en améliorant son portefeuille de services pour la transition énergétique.

Bureau Veritas erwirbt ArcVera Renewables, einen spezialisierten Anbieter von Finanzberatung und technischen Dienstleistungen für Wind-, Solar- und Batteriespeicherprojekte. Diese Akquisition steht im Einklang mit der LEAP | 28-Strategie von Bureau Veritas, die darauf abzielt, eine neue Festung im schnell wachsenden Sektor der erneuerbaren Energien, hauptsächlich in Nordamerika, zu schaffen. ArcVera Renewables, mit Sitz in Golden, Colorado, erzielte im Jahr 2023 Einnahmen von 6,5 Millionen Euro und hat 9GW an Solarprojekten in Nord- und Südamerika unterstützt sowie Projekte mit einer Windkraftkapazität von 93.000 MW in den Vereinigten Staaten bewertet.

Die Übernahme zielt darauf ab, die Fähigkeiten von Bureau Veritas zu erweitern, um Grundeigentümer, Entwickler, Eigentümer und Investoren bei der Umsetzung von Projekten für erneuerbare Energien zu unterstützen. Sie stärkt die Position von Bureau Veritas als führender Anbieter im Bereich der erneuerbaren Energien und der Energieerzeugung und verbessert sein Portfolio an Dienstleistungen zur Energiewende.

Positive
  • Acquisition aligns with Bureau Veritas's LEAP | 28 strategy for growth in the renewables sector
  • Expands Bureau Veritas's capabilities in North American renewable energy market
  • ArcVera Renewables generated €6.5 million in revenue in 2023
  • Enhances Bureau Veritas's portfolio of energy transition services
  • ArcVera Renewables has supported 9GW of solar projects and evaluated 93,000 MW of wind capacity
Negative
  • None.

PARIS, Sept. 4, 2024 /PRNewswire/ -- 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.

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.

 

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SOURCE Bureau Veritas

FAQ

What company did Bureau Veritas acquire and how does it impact their renewable energy services?

Bureau Veritas acquired ArcVera Renewables, a specialized provider in finance-grade consulting and technical services for wind, solar, and battery storage projects. This acquisition expands Bureau Veritas's capabilities in the renewable energy sector, particularly in North America, enhancing their ability to support clients in developing and operating renewable assets.

How much revenue did ArcVera Renewables generate in 2023?

ArcVera Renewables delivered revenues of €6.5 million in 2023.

What is the strategic importance of the ArcVera Renewables acquisition for Bureau Veritas (BVVBY)?

The acquisition of ArcVera Renewables aligns with Bureau Veritas's LEAP | 28 strategy, aiming to create a new stronghold in the fast-growing renewables sector. It strengthens Bureau Veritas's position as a leader in the renewables and power generation sector, expanding their services and capabilities in supporting renewable energy projects.

What is the scale of renewable energy projects ArcVera Renewables has supported?

ArcVera Renewables has supported 9GW of solar projects in North and South America and has evaluated projects representing 93,000 MW of wind capacity in the United States.

BUREAU VERITAS SA UNS/ADR

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