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Bureau Veritas Expands with ArcVera Renewables AcquisitionExpanding Horizons: Bureau Veritas Acquires ArcVera Renewables

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Parradee Kietsirikul

  • Bureau Veritas (OTCPK:BVVBY) has recently made headlines with its acquisition of Colorado-based ArcVera Renewables. ArcVera Renewables specializes in providing financial consulting and technical services for wind, solar, and battery storage projects on a global scale.
  • This strategic move will empower ArcVera Renewables to broaden its horizons, particularly in North America. The company will now be equipped to support landowners, project developers, owners, and investors in materializing their visions for wind and solar farm projects.
  • ArcVera Renewables, headquartered in Golden, Colorado, boasts an impressive track record. Having contributed to 9 GW of solar projects in North and South America and evaluated projects with a total wind capacity of 93,000 MW in the United States, the company generated a notable €6.5 million in sales in 2023.
  • The acquisition aligns perfectly with Bureau Veritas’ LEAP | 28 strategy. This move is intended to not only enhance the company’s service offerings but also consolidate its position as a frontrunner in the renewables and power generation sector. Hinda Gharbi, Bureau Veritas’ Chief Executive Officer, expressed great enthusiasm about the acquisition, emphasizing its significance in achieving the company’s strategic objectives.

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