Burns and Roe Enterprises to Join POWER Engineers
HAILEY, Idaho —POWER Engineers, Inc. (POWER) and Burns and Roe Enterprises, Inc. (BRE), announced they have entered into an agreement for POWER to acquire all of the capital stock of BRE. The transaction is expected to be completed by the end of June, 2014.
The consolidation of POWER and BRE strengthens their respective U.S. and global presence in power and energy engineering markets, specifically in the areas of power generation, high-end systems analysis and consulting (from both a technical and economic perspective), plant startup and operations support.
Together, the new power generation team will offer a world-class suite of services across the full spectrum of the power generation industry with proven expertise in fossil, nuclear and renewable technologies. “Each company’s Energy service capabilities complement the other’s so well, and ultimately, clients will benefit from the expanded suite of best-in-class Power Generation services offered,” said Jack Hand, President and CEO of POWER Engineers.
The consolidated power plant expertise coupled with the mature power delivery capability that POWER has already established presents compelling benefits and opportunities to both clients and employees.
Keith Roe, President of BRE agrees, “Our combined expertise will result in greater project resource availability and market access, and make us stronger and better able to serve our clients’ needs, not just in power generation, but now with expanded offerings to include outstanding power delivery services through POWER’s existing capabilities.”
POWER corporate operations will continue out of Hailey, Idaho. Post closure, BRE power generation activities will continue to be led from Oradell, NJ. The combined BRE and POWER geographic locations include major engineering centers throughout the U.S. and also in Europe, South Africa and Southeast Asia. This will increase the overall market presence and bring a more local access to clients.
About POWER Engineers
POWER Engineers is a global consulting engineering firm specializing in the delivery of integrated solutions for energy, food and beverage, facilities, communications, environmental, and federal markets. POWER Engineers offers complete multidiscipline engineering and services. Founded in 1976, it is an employee-owned company with more than 1,900 employees and 40 offices throughout the United States and abroad. For more information, please visit www.powereng.com.
About Burns and Roe
Burns and Roe is a privately held, comprehensive engineering, procurement, construction, operations and maintenance organization with specialized expertise in technically complex facilities. Burns and Roe serves private and governmental clients in the power, industrial, and government service industries. The firm is a world leader in the markets that it serves. Engineering News-Record consistently ranks Burns and Roe among the country’s top power design firms. For more information on Burns and Roe, please contact the company at (201) 265-2000 or through its website www.roe.com.
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Corporate Media Contact
Janet Metzger, Corporate Communications Manager