NV5 Global, a provider of compliance, technology, engineering and environmental consulting solutions, announced that it has acquired Sage Renewable Energy Consulting, provider of comprehensive sustainable energy planning and project management services. Sage operates nationwide and expands NV5’s growing environmental, social and governance (ESG) service portfolio. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
Founded in 2009, Sage has successfully managed over $2 billion in clean energy projects and negotiated dozens of successful power purchase agreements for clients in the public and private sectors.
“Clean energy continues to grow as a percentage of NV5’s revenue,” said Dickerson Wright, PE, Chairman and CEO of NV5. “Sage’s expertise in the renewables, battery storage, microgrid and electric vehicle planning space enhances our ESG capabilities and presents opportunities for cross-selling with our existing ESG services.”
“Clean energy is a sector with high market growth potential, as evidenced by Sage’s continued organic growth, and we are excited to add Sage’s team and capabilities to our Energy Efficiency and Decarbonization group,” said Ben Heraud, COO of Energy Efficiency and Decarbonization at NV5.