Accenture completes acquisition of EnergyQuote JHA

Accenture has completed its acquisition of EnergyQuote JHA, a London-based energy management and procurement services provider with clients in more than 22 European countries.

2015-08-26 09:43:10

The acquisition, initially announced on July 21, strengthens Accenture's energy procurement capabilities in Europe, enhancing its ability to deliver energy management as-a-service to clients. EnergyQuote JHA provides services including energy risk management and strategy development, forecasting, energy contract management, portfolio management, carbon emissions reduction and utility bill validation.

"EnergyQuote JHA's deep industry expertise, analytics capabilities, proprietary technology platform and delivery scale complements Accenture's existing energy procurement and management capabilities," said Mike Salvino, group chief executive, Accenture Operations. "The acquisition bolsters our ability to provide differentiated end-to-end services to our clients, helping them to reduce risk and improve pricing and payment accuracy."

"With this acquisition, the Accenture Romania team will increase to over 2000 employees, also taking into consideration to organic business growth in Bucharest, the purchase of Evopro company in Cluj-Napoca and Targu Mures in March 2014 and the opening of a new BPO center in Timisoara in April 2014." said Razvan Patrunoiu - Accenture Country Managing Director in Romania.

Accenture delivers consulting, software development and business process outsourcing (BPO) services from its Bucharest office, industrial software development services in Cluj-Napoca and Targu Mures and BPO services in Timisoara, for banking, telecom, consumer goods and energy industry clients. This acquisition and increase in local presence brings career opportunities across both experience hire and entry level graduate markets. Employees will be offered market competitive remuneration and benefits such as training, diverse career opportunities and variable remuneration performance based pay as well as broader community offerings.