- The acquisition will help UL to expand services across the renewable energy value chain
- HOMER Energy employees will join UL’s existing Energy and Power Technologies division
UL, a global safety science leader, has announced the acquisition of Boulder, Colorado-based HOMER Energy. HOMER Energy provides training, advisory and analytic services, and community tools to the industry, government, researchers, and enthusiasts in the energy industry
“The distributed energy market is a fast-growing segment of the renewable power industry,” said Jeff Smidt, vice president, and general manager, UL’s Energy and Power Technologies division.
He added, “By combining our expertise in product testing certification and HOMER Energy’s expertise in system design capabilities, we will help customers along the microgrids value chain realize more value and reinforce UL’s mission to make the world a safer place.’’
“We are excited to join forces with UL to offer expanded services in the renewable energy market,” said HOMER Energy CEO Dr. Peter Lilienthal.
Help in expansion
He added, “UL’s footprint will enable us to expand rapidly into global markets that have demand.” He continued, “Like UL, our primary focus is maintaining a high level of service to our existing clients while providing them additional services and expertise to increase their assets’ value.”
The acquisition will help UL to expand services across the renewable energy value chain. HOMER Energy employees will join UL’s existing Energy and Power Technologies division.
