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New Deal


Announced

Intertek to acquire Clean Energy Associates.

Synopsis

Intertek, a total quality assurance provider to a range of industries worldwide, agreed to acquire Clean Energy Associates, an independent provider of quality assurance, supply chain traceability and technical services to the fast-growing solar energy and energy storage sectors. Financial terms were not disclosed. "With rapid changes taking place within the world's energy mix, the regulatory environment is becoming more complex as the pace towards decarbonisation and Net Zero speeds up. Solar power generation is expected to become the fastest-growing electricity source in the years ahead, bringing with it a heightened demand for mission critical, end-to-end Total Quality Assurance solutions. We welcome the CEA team to Intertek and look forward to working together to seize the attractive opportunities ahead, supporting companies within the solar PV and energy storage industries on their sustainability journeys with our industry-leading ATIC solutions," André Lacroix, Intertek CEO.

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