Friday, November 22, 2024

Accenture Buys BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure – ESG News

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  • Strategic Expansion: Accenture acquires BOSLAN to enhance engineering and execution of net-zero infrastructure.
  • AI & Digital Integration: Leveraging AI and digital tech for asset lifecycle management to optimize investments.
  • Global Reach: BOSLAN’s expertise strengthens Accenture’s footprint in Europe, North America, and beyond.

Accenture (NYSE: ACN) has acquired BOSLAN, a leading provider of management services for large infrastructure projects based in Bilbao, Spain. This acquisition will enable Accenture to reinvent how clients engineer and execute net-zero infrastructure projects by integrating artificial intelligence (AI) and other digital technologies into asset lifecycle management. This collaboration aims to help clients optimize their project investments and expedite their journey to becoming carbon-neutral.

BOSLAN specializes in engineering and overseeing the construction of net-zero transition infrastructure, including on- and offshore wind farms, solar power plants, smart grids, electric vehicle charging infrastructure, and hydrogen plants. They also support data centers and critical infrastructure projects. Services include feasibility studies, project planning, cost and quality control, contract negotiation, design reviews, equipment purchase assistance, and fieldwork supervision. Their clientele spans the private and public sectors in renewable energy, oil and gas, infrastructure, data centers, and utilities industries.

BOSLAN brings over 1,000 engineering and project management professionals to Accenture, predominantly located in Spain and Brazil, with additional presence in Portugal, the United Kingdom, the United States, and Mexico. This team will integrate into Accenture’s infrastructure and capital projects practice within its digital engineering and manufacturing service, Industry X.

Accenture’s acquisition of BOSLAN marks a significant expansion in Europe, following previous acquisitions like Anser Advisory in the U.S. and Comtech Group in Canada. European spending on the clean-energy transition hit $341 billion in 2023.

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,” said Götz Erhardt, who leads Industry X in Europe, the Middle East, and Africa at Accenture. “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. It will also grow our footprint as a global provider of infrastructure and capital projects services, including digital and AI solutions for asset lifecycle management, which are essential to the reinvention of infrastructure projects.

Mercedes Oblanca, Iberia Market Unit Lead at Accenture, added: “Spain is at the forefront of the net-zero transition because of our country’s experience, knowledge, and capabilities in this sector. 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.

Related Article: AWS, Google, Meta, Microsoft, and Others Call for Supplier Action to Decarbonize Digital Infrastructure through EPDs

Isaac Gómez, CEO of BOSLAN, commented: “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.

Terms of the transaction were not disclosed.

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