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, Colorado.
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 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.
