DNV bolsters energy consulting business with Antuko acquisition, NV5 acquires Sage Energy Consulting

Facebook
Twitter
LinkedIn
Reddit
Email
Representatives from DNV and Antuko at the deal’s signing ceremony. Image: DNV.

Energy advisory DNV has acquired the consulting arm of Chile-based energy price forecaster Antuko, taking aim at the Latin America and Iberia power markets.

Meanwhile US-based energy consultant Sage Renewable Energy Consulting has been acquired by fellow consultancy group NV5 Global.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Founded in 2010, Antuko provides quantitative analysis, market intelligence, risk assessment and energy price forecasts for the Chilean, Mexican and Iberian power markets, having expanded into Spain and Portugal in 2016.

To date, the company has aided the development, financing and construction of more than 4GW of new renewable energy assets, while also supporting more than 20 transactions through its M&A advisory team.

Ditlev Engel, CEO of energy systems at DNV, said the two companies had been collaborating in specific power markets for some time, noting that the combination of the duo’s services is an “excellent strategic fit”.

“Through this integration into DNV, Antuko will gain access to a much larger global network as well as the opportunity to expand its services,” Olivier Potart, founder and CEO at Antuko, added.

Financial terms of the deal were not disclosed.

NV5’s acquisition of Sage, which has managed more than US$2 billion of clean energy projects and negotiated power purchase agreements, was made using a combination of cash and stock, with NV5 stating Sage would be immediately earnings-accretive for the company.

“Clean energy is a sector with high market growth potential, as evidenced by Sage’s continued organic growth, and we are excited to add Sage’s team and capabilities to our Energy Efficiency and Decarbonisation group,” Ben Heraud, COO for energy efficiency and decarbonisation at NV5, said.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

July 1, 2025
Independent power producer (IPP) Arevon Energy has closed a US$600 million credit facility to support its solar PV and energy storage portfolio in the US.
June 30, 2025
Heliene has completed the sale of Section 45X Advanced Manufacturing Production Tax Credits in association with Minnesota-based U.S. Bank.
June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
US clean energy developer Clearway Energy Group has received corporate credit facilities over US$1 billion.
June 26, 2025
A round-up of news from the US solar sector this week, including Akuo, Meta and RWE.
June 26, 2025
A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA