Two years since its reorganization to align with its evolving business segments, Black & Veatch is further sharpening its client focus with a refined operating structure.
Black & Veatch Chairman and CEO Mario Azar called the proactive reconfiguration instrumental in leading clients through their decarbonization, clean water and operational process resiliency strategies.
“Amid the changes prompted by evolving regulations, advancing technologies and increasing cybersecurity threats, our clients are looking to confidently deploy their capital to transform their infrastructure, accelerate to a net zero emissions capability and remain resilient, compliant and competitive,” Azar said. “Addressing those strategic needs requires sharpened expertise in consulting, engineering, construction and asset management solutions.”
The new Black & Veatch operating model is expanded to five discrete client-facing areas:
- Power Providers, focused on the holistic demands for the energy generation markets that include utilities, independent power producers (IPP) and new non-traditional entrants adding to the much-needed supply of secure, clean power to our industries and communities.
- Fuels and Natural Resources, which has a discrete focus on global investors and operators who need to tap into Black & Veatch’s broad portfolio of large-scale solutions dedicated to converting critical resources into essential fuels and feedstocks.
- Technology, Commercial and Industrial, a significantly revamped grouping of capabilities focused on the latest needs for clients in the fast-growth technology-led arena of advanced manufacturing, and generative AI computing including gigafactories, bio/ag tech, data centers and clean transportation.
- Governments and Communities, focused on the specific infrastructure needs of municipalities, state and local governments, and specialized physical and digital infrastructure solutions for government and federal agencies.
- Strategic Advisory and Lifecycle Resiliency Services, a new portfolio of integrated strategic consulting and operating resiliency services that apply across the clients’ entire investment-to-operations lifecycle commitments.
These five entities are meant to leverage the company’s entire portfolio of solutions delivered via a centralized operations and delivery global group of design, engineering, procurement, safety and construction professionals.
A new cohesive function, Enterprise Evolution, supports global businesses with an enterprise-wide focus on integrating the market trends and clients’ needs into the organic and inorganic future development and commercialization of Black & Veatch’s long-range strategy and new solutions.
