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DNV GL acquires Swedish power system expert Gothia Power

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Representatives from Gothia and DNV GL shake on the acquisition deal
DNV GL's Johan Sandberg and Gothia Power's Fredrik Sjögren shake on the acquisition deal.
Gothia Power, a leading Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore happy to announce this acquisition, which establishes DNV GL’s technical and strategic power system services in the Swedish and Baltic energy markets and further strengthens our leading position worldwide,” says DNV GL President and CEO Remi Eriksen.
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  • Keywords: Group, Energy

Gothia Power’s 28 power system experts work out of offices in Gothenburg, Malmö, Västerås and Oskarshamn. The company offers advanced analysis and measurements for power production, power transmission and power consumption. “Sweden is one of the most interesting energy markets in Europe. It has a strong and innovative industrial base, especially within power and transmission. In addition, Sweden’s power system is tightly integrated with the rest of the Nordics and Baltics, both physically and through the Nord Pool power exchange. This is one of the reasons why DNV GL views Sweden as a strategic growth market,” Eriksen explains.

Fredrik Sjögren, CEO of Gothia Power, says: “It is with great anticipation that we have now concluded the acquisition process with DNV GL. Together, I see many advantages; our unique competence in power system analysis can reach new customers in a global market and at the same time we see great opportunities to strengthen our services to existing customers in Sweden and the wider Nordics. DNV GL’s strategy to address the energy trilemma of reliability, affordability and sustainability in the energy industry is aligned with the technological and business-related opportunities we see in the future.”

DNV GL provides advanced technical advisory services worldwide throughout the electricity value chain as well as certification and verification of power system technologies. As the world is transitioning into a low carbon future, these services are essential for nations making strategic decisions about their power market policies and energy future.

“We are very pleased to join forces with Gothia Power. This company has built a fantastic market position and competence base during the past decade, focused around our own core values of quality, integrity and sustainability,” notes Johan Sandberg, Country Manager for Sweden at DNV GL - Energy. “Sweden is facing challenging and complex decisions around its energy future and we will now be able to offer this market, and the other Nordic and Baltic countries, our most advanced power system services through an established and highly respected group of specialists.”

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For media enquiries, please contact:
Ali Ghezelbash
Regional Communication Manager, NW Europe, Middle East & Africa
DNV GL - Energy
Tel: +44 7885 242 237
Email: ali.ghezelbash@dnvgl.com

About DNV GL
Driven by its purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries. Operating in more than 100 countries, our 15,000 professionals are dedicated to helping our customers make the world safer, smarter and greener. www.dnvgl.com

DNV GL in the Energy industry
In DNV GL we unite the strengths of DNV, KEMA, Garrad Hassan and GL Renewables Certification. DNV GL’s 2,500 energy experts support customers around the globe in delivering a safe, reliable, efficient, and sustainable energy supply. We deliver world-renowned testing, certification and advisory services to the energy value chain including renewables and energy efficiency. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribu­tion, smart grids, and sustainable energy use, as well as energy markets and regulations. Our testing, certification and advisory services are delivered independent from each other. Learn more at www.dnvgl.com/energy

About Gothia Power
Gothia Power AB is a highly specialised advisory firm in the power system analysis field. The employees are of a high academic pedigree, with half of the staff holding a Ph.D or research background. The company, with 28 employees, is mainly active in Sweden, the Nordics and the Baltics. The service portfolio is focused on advanced theoretical analysis and measurements in power production, power transmission and power consumption.