Bureau Veritas acquires Capital Energy and strengthens its energy efficiency business
Jan. 17 2019
Neuilly-sur-Seine, France, January 16, 2019 – Bureau Veritas has finalized the acquisition of Capital Energy SAS, a French white certificates management company.
Capital Energy provides consulting and support services for white certificate projects in France. Its customer base comprises energy suppliers and large retailers. Capital Energy also helps housing organisations, local authorities, industry and building contractors to implement energy efficiency programs.
Capital Energy, founded in 2010 in Paris, also has offices in Nantes. With a workforce of 36 people, the company recorded an annual revenue of c. 23 million euros in 2017.
This acquisition enables Bureau Veritas to expand its range of energy efficiency services for the building and industrial asset sector. White certificates belong to a rapidly expanding market segment fuelled by voluntary energy efficiency initiatives. Capital Energy is one of the leading players in the French market.
“Buildings & infrastructure is now our most important business sector worldwide and we have a highly comprehensive portfolio of services in this field. Nevertheless, we are looking to develop new services to help our clients meet environmental protection and climate challenges, in line with our social mission. Capital Energy is a promising player in the energy efficiency sector and will enable us to build synergies with our inspection services,” said Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas.
“We are proud to be joining the world leader in the building inspection and certification sector. We will gain access to a vast customer base that will help us grow more quickly,” said Jean-Hubert Farman, Chief Executive Officer of Capital Energy.
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