The inspection, testing and certification group takes over the Madrid-based engineering firm in its fourth acquisition of 2021.
Applus+ strengthens its presence in the renewable energy sector with the acquisition of Enertis, a Spanish company with a turnover of €20 million that provides engineering, consulting, testing and inspection services for the solar photovoltaic industry.
The listed inspection, testing and certification group has acquired Enertis from the company’s founders and incorporated it into its energy and industry division.
Headquartered in Madrid and founded in 2007, Enertis operates mainly in Spain, the United States and Latin America. The firm has thirteen offices, 200 employees and photovoltaic projects in 65 countries. Since its inception, it has been involved in a total of 2,500 projects with an installed capacity of 135 GW. The company is also active in the energy storage segment and its chief executive is José Luis Galindo. Despite Covid-19, Enertis’ business grew strongly in 2020, according to Applus+, which did not provide the amount of the transaction.
“We are very proud to have turned the vision we had 15 years ago into a successful business thanks to the sustained effort and dedication of the entire Enertis team,” Galindo said. “We are very pleased to become part of the Applus+ group, with which we share the passion and strong commitment to growth and leadership in the renewable energy sector, and we are confident that together we will achieve even greater success, combining efforts and capabilities,” added Enertis’ CEO.
This is the fourth acquisition carried out by Applus+ so far this year. In March it bought the power generation engineering and consulting companies Inecosa and Adícora from Iberdrola, and in May it acquired the German laboratory IMA Dresden, which specializes in structural testing.