Black & Veatch launches renewable energy asset management group

21 October 2009

American construction firm Black & Veach has introduced a new subsidiary, infraManagement Group (IMG), to provide renewable energy asset management services to water and power facilities.

IMG will provide a full asset management service, including full operations and maintenance of electric, water and wastewater systems and facilities, and offer consulting services designed to maximise asset output. This includes, among other things, capital improvement programme planning, regulatory compliance, energy optimisation and renewable energy services.

IMG’s president Rodger Smith said, ‘Our services help plant asset owners respond to a range of challenges by reducing business risk, improving plant efficiency and, where appropriate, supporting the monetisation of their facilities to raise cash for other community purposes.’

The new company will also support non-utility owners of energy and water operations such as financial institutions, airports, colleges and industrial users.

Black & Veatch is a global engineering, consulting and construction company. Operating in more than 100 countries, the company entered 2008 with a revenue backlog of approximately $3.7bn.

Copyright © 2009 NewNet

Tags: energy efficiency

This story was published on Wednesday, October 21st, 2009 at 11:12 am and is filed under North America, deals, energy efficiency, solar, water. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply