Bureau Veritas Strengthens Position in North American Renewables Market with ArcVera Acquisition
Bureau Veritas Expands Renewable Energy Capabilities with Acquisition of ArcVera Renewables
Bureau Veritas has announced its acquisition of ArcVera Renewables, a company specializing in consulting and technical services for wind, solar, and battery storage projects. This move aligns with Bureau Veritas’s LEAP | 28 strategy to strengthen its position in the rapidly growing renewable energy sector, particularly in North America. The acquisition is expected to enhance Bureau Veritas’s ability to provide comprehensive solutions to customers in the renewable energy sector, supporting the development and operation of wind and solar farms.
ArcVera Renewables is known for its expertise in technical site assessments, consultancy, and operational support for utility-scale renewable energy projects. With a track record that includes supporting 9 GW of solar projects and evaluating 93,000 MW of wind capacity across the Americas, ArcVera brings extensive experience to Bureau Veritas. By acquiring ArcVera, Bureau Veritas can offer even more robust services to landowners, developers, investors, and project owners in the renewable energy industry.
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Bureau Veritas’s CEO, Hinda Gharbi, emphasized that this acquisition is key to the company’s strategic goals of expanding its energy transition services and bolstering its leadership in the renewable energy sector. ArcVera’s expertise in due diligence and technical verification will complement Bureau Veritas’s offerings, allowing it to better serve its global client base. Similarly, Greg Poulos, CEO of ArcVera Renewables, expressed optimism about the partnership, noting how Bureau Veritas’s capabilities would help accelerate ArcVera’s mission of driving clean energy transformation.