EPRI buys property in Charlotte to expand research operations

Palo Alto, Calif., October 3, 2011 — The Electric Power Research Institute purchased 108,000 square feet of office and lab space on 24 acres adjacent to its research facility at University Research Park in Charlotte, N.C. With this addition, EPRI will own 258,000 square feet of office and research facilities on 45 acres.

EPRI purchased the facility from Paragon Media LLC, with plans to expand its laboratory space by 15,000 square feet and provide space for local workforce growth over the next five years.

In addition to laboratories, the newly acquired building will also provide conference and meeting space to support EPRI’s collaborative research and development programs.

EPRI employs a diverse workforce of professionals on its University Research Park campus who conduct and manage comprehensive research and development programs in electric transmission, nuclear and fossil power generation.

EPRI has operated its research and testing facility in University Research Park since 1980. The Palo Alto-based institute also operates laboratory facilities in Knoxville, Tenn., where it conducts research on power delivery and end-use technologies, and in Lenox, Mass., where research at its high-voltage lab focuses on power transmission technology and systems.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs