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Announced

Venterra Group to acquire INSPIRE Environmental.

Synopsis

Venterra Group, the offshore wind energy services business, agreed to acquire INSPIRE Environmental, a marine environmental consultancy with expertise in the acquisition and interpretation of data that determines the health of the seabed and the resources that rely on ocean habitats. Financial terms were not disclosed. "Combining our environmental focus with Venterra’s offering means we will be able to offer a more comprehensive set of services with greater international reach as the global market accelerates. Venterra member companies already operate in the US and we will now open Venterra’s US headquarters on the East Coast to be close to the offshore wind industry as it grows across the US northeast and beyond. As a team, we are excited to join Venterra, focused on making a real contribution to the health of marine ecosystems while reaching net zero carbon targets," Drew Carey, INSPIRE CEO.

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