Advisors to Green Power Monitor shareholders on its 100% sale to the Norwegian multinational DNV-GL, one of the world leaders in certification (TIC)


G.P.M. is a company founded in a Barcelona in 2003 by five telecommunication engineers from La Salle University of Barcelona. The company is specialized in monitoring photovoltaic solar plants, allowing the operator to manage them in real time and providing him all the tools to optimise the performance of his installations.

DNV GL Business Assurance is a leading global certification entity. Through certification, evaluation and training they ensure the performance of their customers’ products, processes and organisations.

The main objective of the transaction was to find the right Player for GPM to enter the global market and provide DNV-GL a leading and independent position in the renewable energy sector.

Juan Carlos Arevalo, CEO of Green Power Monitor, stated: “DNV-GL was able to value the cohesion of the management team, the business model, the degree of market penetration and positioning, and our independence”.

Furthermore, Narciso Marfá, principal advisor of the transaction, highlighted: “The sales process was very demanding due to the innovative service/product provided by GPM and the short history of the renewable energy sector”.



o    Understanding GPM’s business and products, and the empathy with the company’s management/ownership team were key to put in value their solutions with buyer DNV-GL.
o    Fluid communication between the parties coordinated by the different teams of advisors was key to the success of the operation.




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