Black & Veatch has expanded its Smart Grid suite of services with the acquisition of Enspiria Solutions, a strategic planning and systems integration company headquartered in Denver, Colo.
Financial terms of the transaction however were not disclosed.
'Enspiria is an industry leader in the strategic planning of Smart Grid investments and program integration for utilities,' said Rodger E. Smith, president of Black & Veatch (News - Alert)'s management consulting division, in a statement.
Smith said that as momentum continues to build in this industry, Black & Veatch, together with Enspiria, will be at the forefront of unparalleled technology advancements that help the company’s clients reduce demand, enhance customer service capabilities, improve reliability and harden their infrastructure to protect it from cyber attacks.
Black & Veatch is global engineering, consulting and construction company specializing in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets.
'Black & Veatch has a solid and long-standing reputation for excellence in providing utilities and telecommunications companies with engineering, consulting and construction expertise in the Smart Grid and utility automation markets, while Enspiria brings unparalleled strategic Smart Grid planning expertise,' said Chip Scott, president of Enspiria.
Scott said that together, the companies can provide complete concept through completion services, providing the clients a single point of contact for planning, developing and implementing this complex infrastructure.
Officials with Black & Veatch said that Enspiria will become part of the company's management consulting division that provides clients with a wide range of advisory solutions in business and regulatory strategy, financial feasibility, rate development, bond financing, asset valuation and evaluation, resource planning, risk management and business applications.
Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.
Edited by Patrick Barnard