Bowman Consulting purchases solar projects engineer SEIE

• US engineering services solid Bowman Consulting Group Ltd (NASDAQ: BWMN) intends to more increase the growth of its renewable energy service through the procurement of SEI Engineering LLC (SEIE), a local supplier of technical solutions to programmers as well as proprietors of solar plants.

"Planning, engineering, and also commissioning pertaining to power transition is a key emphasis of our growth method and is main to our procurement program," Bowman's chief executive officer Gary Bowman claimed in a news release on Monday.

Paonia, Colorado-based SEIE, operating as SEI Professional Services, was founded by renewable energy education companies Solar Energy International (SEI). It offers photovoltaic (PV) as well as energy storage project engineering and also quality assurance services for utility and commercial-scale solar energy centers.

"The solar energy market is expanding much faster than we can potentially capitalise on alone. By joining Bowman, our opportunities for growth as well as remaining to be the best engineering group for solar as well as storage projects will just be enhanced," stated Jeff Ruppert, chief executive of SEIE.

The financial details of the bargain were kept. Bowman only noted that the procurement is anticipated to initially add about USD 1.5 million (EUR 1.50 m) of annualised net service billing.