DNV GL acquires Gothia Power

Business & Finance
R to L: DNV GL's Johan Sandberg and Gothia Power's Fredrik Sjögren shake on the acquisition deal (Photo: DNV GL)
R to L: DNV GL’s Johan Sandberg and Gothia Power’s Fredrik Sjögren shake on the acquisition deal (Photo: DNV GL)

 
DNV GL has acquired Gothia Power, a Swedish power system analysis company.

Gothia Power, with its 28 power system experts who work out of offices in Gothenburg, Malmö, Västerås and Oskarshamn, offers advanced analysis and measurements for power production, power transmission and power consumption.

Remi Eriksen, DNV GL President and CEO, said: “This company’s expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries.

“Sweden is one of the most interesting energy markets in Europe. It has a strong and innovative industrial base, especially within power and transmission. In addition, Sweden’s power system is tightly integrated with the rest of the Nordics and Baltics, both physically and through the Nord Pool power exchange.”

Fredrik Sjögren, CEO of Gothia Power, added: “Together, I see many advantages, our unique competence in power system analysis can reach new customers in a global market and at the same time we see great opportunities to strengthen our services to existing customers in Sweden and the wider Nordics. DNV GL’s strategy to address the energy trilemma of reliability, affordability and sustainability in the energy industry is aligned with the technological and business-related opportunities we see in the future.”

DNV GL provides advanced technical advisory services worldwide throughout the electricity value chain as well as certification and verification of power system technologies.