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Accenture Acquires BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure

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Accenture Acquires BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure
News

News

Accenture Acquires BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure

2024-08-02 18:49 Last Updated At:18:51

BILBAO, Spain--(BUSINESS WIRE)--Aug 2, 2024--

Accenture (NYSE: ACN) has acquired BOSLAN, a provider of management services for large infrastructure projects, headquartered in Bilbao, Spain. With BOSLAN, Accenture will reinvent how clients engineer and execute net-zero infrastructure projects. By applying artificial intelligence (AI) and other digital technologies to asset lifecycle management, Accenture and the BOSLAN team will help clients optimize their project investments and become carbon-neutral faster.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801843587/en/

BOSLAN helps its clients engineer and oversee the construction of infrastructure for the net-zero transition, such as on- and offshore wind farms, solar power plants, smart grids, electric vehicle charging infrastructure and hydrogen plants. It also supports the construction of data centers and critical infrastructure. The services BOSLAN provides include feasibility studies, project planning, cost and quality control, contract negotiation and management, design reviews, equipment purchase assistance and field work supervision. The company’s clients are private and public sector organizations in the renewable energy, oil and gas, infrastructure, data centers and utilities industries.

BOSLAN adds more than 1,000 engineering and project management professionals to Accenture, most of whom are based in Spain and Brazil. The company also has a presence in Portugal, the United Kingdom, the United States and Mexico. The team joins Accenture’s infrastructure and capital projects practice within its digital engineering and manufacturing service, Industry X.

With the acquisition of BOSLAN, Accenture continues to scale its services to help clients complete capital projects—large, long-term infrastructure projects—more predictably and efficiently. BOSLAN marks Accenture’s first capital projects acquisition in Europe, where spending on the clean-energy transition surged to $341 billion in 2023. 1 Last year, Accenture acquired Anser Advisory in the United States and Comtech Group in Canada to take advantage of an addressable annual market of $88 billion in North America.

“European companies in the energy and utilities sector are leading the charge in transitioning to renewable energy and ensuring low-carbon emission power is competitive,” said Götz Erhardt, who leads Industry X in Europe, the Middle East and Africa at Accenture. “BOSLAN has helped pioneer many projects in this space. Their engineering and industry expertise will bolster our capabilities to help clients in Europe and globally realize their net zero ambitions. It will also grow our footprint as a global provider of infrastructure and capital projects services, including digital and AI solutions for asset lifecycle management, which are essential to the reinvention of infrastructure projects.”

Mercedes Oblanca, Iberia Market Unit Lead at Accenture, added: “Spain is at the forefront of the net-zero transition because of our country’s experience, knowledge and capabilities in this sector. We are delighted to welcome the professionals from BOSLAN to Accenture. Together, we will bring the power of data and AI to engineering to help our energy, industrial, and public and private infrastructure clients execute their energy transition infrastructure projects more efficiently, securely and predictably.”

Isaac Gómez, CEO of BOSLAN, commented: "As a long-standing partner to many of our clients, BOSLAN has been helping organizations continuously adopt new technologies for large-scale infrastructure projects and energy projects, such as offshore wind farms and hydrogen infrastructure, some of which have become milestones in the energy sector. By joining Accenture, we are expanding our services for clients with advanced technology solutions, advisory and transformation capabilities, and global reach."

Terms of the transaction were not disclosed.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 750,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

Accenture has acquired BOSLAN, a provider of management services for large infrastructure projects, headquartered in Bilbao, Spain. (Photo: Business Wire)

Accenture has acquired BOSLAN, a provider of management services for large infrastructure projects, headquartered in Bilbao, Spain. (Photo: Business Wire)

LOS ANGELES (AP) — A$AP Rocky turned down a final prosecution plea offer of 180 days in jail, risking the possibility of a guilty verdict and years in prison as jury selection began at his trial on Tuesday.

The agreement offered to the 36-year-old hip-hop star, fashion mogul and actor was to plead guilty to one of two felony counts of assault with a semiautomatic firearm. Los Angeles County prosecutors would also recommend a seven-year suspended sentence, three years of probation and the six-month jail term.

But Rocky, whose legal name is Rakim Mayers, told a judge he respectfully declined.

He is accused of firing at a former friend near a Hollywood hotel in 2021, and could get a maximum sentence of 24 years in prison if convicted. He has pleaded not guilty.

Rocky's attorney Joe Tacopina also revealed for the first time in court Tuesday that the defense plans to call witnesses to testify that a firearm seen on a security video is a starter pistol that Rocky carried as a prop for security.

A panel of more than 100 prospective jurors were summoned to the downtown Los Angeles courtroom and packed into the gallery. Opening statements will come once 12 of them and alternates are seated. That won't be until at least Wednesday, when selection is set to resume. Cameras will be allowed in the courtroom starting with openings.

The Grammy-nominated hip-hop star's longtime partner is Rihanna, and the couple have two toddler sons together. Tacopina suggested that it's unlikely the pop star will show up in court.

Rocky has been named one of the celebrity chairs of the Met Gala in May, and has a major role in a Spike Lee-directed film with Denzel Washington to be released soon after. But his life could be upended with a conviction.

Superior Court Judge Mark Arnold has said he hopes to seat a jury quickly, and is keeping strict limits on how long attorneys can question prospective jurors.

“Mr. Mayers is an entertainer," Arnold told the prospective jurors. "His stage name is A$AP rocky. His life partner is also an entertainer. Her name is Rihanna. Because Mr. Mayers is an entertainer, a celebrity, that cannot harm him, and it cannot benefit him."

Of the initial 12 jurors questioned, four said they knew who Rocky was, and 10 said they knew who Rihanna was.

In 2023, another judge ruled after a preliminary hearing that Rocky should stand trial on charges that he fired a gun at Terell Ephron, a childhood friend who testified that their relationship had soured and a feud came to a head on the night of Nov. 6, 2021. Ephron testified that bullets grazed his knuckles.

Initial questioning on Tuesday revealed that the recent Los Angeles-area wildfires have affected many of the potential jurors' lives, including one woman who is fostering many displaced animals, and at least one man who had to evacuate. The judge himself revealed he had to evacuate from his home for 11 days.

“Luckily the house didn’t burn down," Arnold said.

One man was excused early in the process because he said his anti-gun feelings were too strong for him to be fair.

Tacopina tried to explore the potential jurors' feelings about hip-hop artists and their music, and several said they had negative feelings, though not overwhelming ones. Some cited parenting as the reason.

“I used to love it but then I had a kid,” one panelist said.

Deputy District Attorney John Lewin, questioning for the prosecution, told those with negative feelings, “You will not be called upon to render a verdict on how you feel about rap music, do you understand that?" All said yes.

Tacopina, who like his client Rocky is from New York and has represented President Donald Trump, also asked whether anyone on the jury is rubbed the wrong way by New Yorkers, bringing laughs throughout the room.

“When I get up here with this ridiculous accent, which I try not to have but I do, is anyone going to have a problem?" he said. “I will point out that we gave you guys the Dodgers a few years ago.”

No one conceded any negative feelings.

“I love LA," the lawyer added.

FILE - A$AP Rocky, left, and Rihanna attend The Metropolitan Museum of Art's Costume Institute benefit gala in New York on Sept. 13, 2021. (Photo by Evan Agostini/Invision/AP, File)

FILE - A$AP Rocky, left, and Rihanna attend The Metropolitan Museum of Art's Costume Institute benefit gala in New York on Sept. 13, 2021. (Photo by Evan Agostini/Invision/AP, File)

FILE - Rapper A$AP Rocky at Pre-Grammy Gala And Salute To Industry Icons in Beverly Hills, Calif., on Feb. 9, 2019. (Photo by Richard Shotwell/Invision/AP, File)

FILE - Rapper A$AP Rocky at Pre-Grammy Gala And Salute To Industry Icons in Beverly Hills, Calif., on Feb. 9, 2019. (Photo by Richard Shotwell/Invision/AP, File)

FILE - Rapper A$AP Rocky appears in a Los Angeles Superior courtroom on Aug. 17, 2022, where he pleaded not guilty to two felony counts of assault with a semiautomatic firearm. (Irfan Khan/Los Angeles Times via AP, Pool, File)

FILE - Rapper A$AP Rocky appears in a Los Angeles Superior courtroom on Aug. 17, 2022, where he pleaded not guilty to two felony counts of assault with a semiautomatic firearm. (Irfan Khan/Los Angeles Times via AP, Pool, File)

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