A Big Merger Shakes Up Power Services

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The New York Times

When people think about the wind power industry, they usually envision turbine makers and wind farm developers.

But behind the scenes, a shakeup is afoot. Two of the biggest backstage companies merged last month in a transaction that has sparked some concern in the industry that the consolidation of two large competitors could give one company too much market share.

Regulators around the world have approved the deal, which will combine the Norwegian firm DNV (Det Norske Veritas) with GL Group, which is German. The two private companies, now merged, provide certification and other services to the energy industry.