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Global professional services firm Accenture announced today the acquisition of energy transition-focused Spanish engineering and […]]
Accenture Acquires Engineering and Consulting Firm Boslan to Target Net Zero Infrastructure Opportunities – ESG Today
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Accenture Acquires Engineering and Consulting Firm Boslan to Target Net Zero Infrastructure Opportunities
Mark Segal
August 2, 2024
Global professional services firm Accenture announced today the acquisition of energy transition-focused Spanish engineering and consulting firm Boslan, with the firm citing opportunities to support clients to optimize investments in net zero infrastructure.
Founded in 2000, Bilbao, Spain-based Boslan provides management services for large infrastructure projects, helping clients engineer and oversee the construction of infrastructure for the net-zero transition, including projects such as wind farms, solar plants, smart grids, EV charging infrastructure and hydrogen plants, in addition to supporting the construction of data centers and critical infrastructure.
Boslan has more than 1,000 professionals across countries including Spain, Brazil, Portugal, the U.S., UK and Mexico, and provides services including feasibility studies, project planning, cost and quality control, contract negotiation and management, design reviews, equipment purchase assistance and field work supervision to clients in sectors ranging renewable energy, oil and gas and infrastructure, to data centers and utilities.
Isaac Gómez, CEO of BOSLAN, said:
“As a long-standing partner to many of our clients, BOSLAN has been helping organizations continuously adopt new technologies for large-scale infrastructure projects and energy projects, such as offshore wind farms and hydrogen infrastructure, some of which have become milestones in the energy sector. By joining Accenture, we are expanding our services for clients with advanced technology solutions, advisory and transformation capabilities, and global reach.”
According to Accenture, the acquisition will support its efforts to scale its services to help clients complete large, long-term infrastructure projects more predictably and efficiently, and comes as spending on the clean energy transition surges. The transaction marks Accenture’s first capital projects acquisition in Europe, and follows the firm’s recent acquisitions of capital project companies Anser Advisory in the U.S. and Comtech Group in Canada.
Accenture said that the acquisition will enable the firm to “reinvent how clients engineer and execute net-zero infrastructure projects,” with the new combined team applying AI and other digital technologies to asset lifecycle management, helping clients to optimize project investments and become carbon-neutral faster.
Mercedes Oblanca, Iberia Market Unit Lead at Accenture, said:
“We are delighted to welcome the professionals from BOSLAN to Accenture. Together, we will bring the power of data and AI to engineering to help our energy, industrial, and public and private infrastructure clients execute their energy transition infrastructure projects more efficiently, securely and predictably.”
Boslan’s team will join the infrastructure and capital projects practice within Industry X, Accenture’s digital engineering and manufacturing service.
Götz Erhardt, who leads Industry X in Europe, the Middle East and Africa at Accenture, said:
“European companies in the energy and utilities sector are leading the charge in transitioning to renewable energy and ensuring low-carbon emission power is competitive. BOSLAN has helped pioneer many projects in this space. Their engineering and industry expertise will bolster our capabilities to help clients in Europe and globally realize their net zero ambitions.”
Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.
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