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September 13, 2022

DNV agrees to acquire Clean Technology Partners in Australia

The deal is intended to strengthen DNV’s position in the renewables and power grids markets of Australia and the APAC region.

Norwegian energy consultant DNV has signed a definitive agreement to acquire Australian consulting company Clean Technology Partners (CTP) for an undisclosed sum.

Based in Melbourne, CTP specialises in power grids, renewables and storage technologies.

The company has delivered more than 1,500 advisory projects in Australia over the past ten years.

It aims to address critical areas for connecting generation projects to the country’s power grid.

The deal is expected to bolster DNV’s technical advisory services for renewables with the addition of CTP’s multidisciplinary team.

In addition, it will help DNV strengthen its position in the renewables and power grid markets in Australia and the Asia-Pacific (APAC) region.

Clean Technology Partners managing director Lachlan Bateman said: “Joining DNV makes so much sense to us on multiple fronts – from the project work we will be doing right through to our workplace culture.

“The scale, technical depth and ability of DNV to have an impact on the energy transition is something we are all very excited about.”

Bateman will serve as Power Systems Planning Head for DNV’s APAC operations following the acquisition.

DNV Energy Systems CEO Ditlev Engel said: “We are honoured to be welcoming CTP’s team into the DNV family.

“CTP brings proven capability to complement the strengths of our existing business and provides additional depth in solar, storage, and hybrid system expertise.

“Bringing together these two great teams will significantly improve our ability to support our clients across the whole energy value chain.

“This acquisition is a testament to DNV’s long-term commitment to contribute to the uptake of clean energy in Australia and globally and to remain at the forefront of the energy transition.”

Based in Høvik, DNV offers advisory, monitoring, verification and certification services to renewable energy developers.

The company currently operates in more than 100 countries.

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