Black & Veatch Expands Smart Grid Capabilities
Black & Veatch continues to expand its Smart Grid suite of services with the acquisition of Enspiria Solutions, a strategic planning and systems integration company headquartered in Denver, Colo.
"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's management consulting division. "As momentum continues to build in this industry, Black & Veatch, together with Enspiria, will be at the forefront of unparalleled technology advancements that help our clients reduce demand, enhance customer service capabilities, improve reliability and harden their infrastructure to protect it from cyber attacks."
More than 35 utilities have already turned to the Enspiria team for help in defining and implementing their Smart Grid programs. These programs go beyond the electric meter and place energy conservation and demand management into the homes of consumers by making available real-time pricing and consumption information. In total, the company has helped to define and implement Smart Grid programs that benefit approximately 60 million utility customers across North America.
"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. "Together, we can provide complete concept through completion services, providing our clients a single point of contact for planning, developing and implementing this complex infrastructure."
Enspiria will become part of Black & Veatch'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.
Financial terms of the transaction were not disclosed.
About Black & Veatch
Black & Veatch is a leading global engineering, consulting and construction company specializing in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets. Founded in 1915, Black & Veatch develops tailored infrastructure solutions that meet clients' needs and provide sustainable benefits. Solutions are provided from the broad line of service expertise available within Black & Veatch, including conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting and infrastructure planning. With $3.2B in revenue, the employee-owned company has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents. For more information, visit: www.bv.com.
About Enspiria Solutions
Enspiria Solutions is a leading provider of Smart Grid consulting and program integration services. With a unique combination of experience, strategy, and implementation skills, Enspiria's professionals provide in-depth Smart Grid technology expertise and services by defining and delivering complete solutions that benchmark the intelligent utilities, and cable and telecommunication companies of tomorrow. Specific areas of expertise include: smart meter & meter data management systems, demand response, transmission and distribution management systems, consumer portal and energy management systems, outage management systems, geographical information systems, work and asset management, regulatory submission assistance and expert witness testimony.
Based on proven technologies, integration standards, and business models, Enspiria provides rapid delivery of complete business solutions through integration frameworks and configurable solutions. These services enable utilities to fully realize the benefits of past, current and future technology investments. For more information, visit: www.enspiria.com.
SOURCE: Black & Veatch