DNV GL and CESI have signed an agreement to transfer the ownership of KEMA Laboratories to CESI.
The transfer comprises of KEMA and all the high-voltage and high-power testing and inspection activities performed by its personnel in its own laboratories in Arnhem (NL), Prague (CZ) and Chalfont (USA). The completion of the transaction is expected to take place at the end of 2019, subject to customary closing conditions, including regulatory approvals.
The KEMA testing and inspections facilities include the world's largest high-power laboratory, with the highest short circuit power of 10,000 MVA, and the world's first laboratory capable of testing ultra-high voltage components for super grids, as well as the Flex Power Grid Laboratory, for advanced testing of smart grids components. All former KEMA advisory employees will remain within DNV GL including all the advisory services as well as DNV GL's testing and verification services for power failures, battery testing, transformer oil testing and smart grid testing.
Once finalised, the transfer will generate significant benefits for both CESI and DNV GL. When the transaction is completed, DNV GL will have a more focused global energy organization of 2,000 power and renewable experts, which can be scaled much faster in the years to come in order to meet the rapid changing future market and technology demands, as the electrification and decarbonizing in the world continues.
Source: Insurance News Net