The Electric Power Research Institute, Palo Alto, Calif., has purchased 108,000 ft2of office and laboratory space on 24 acres adjacent to its research facility at University Research Park in Charlotte, N.C. With the addition, EPRI will own 258,000 ft2of office and research facilities on 45 acres.

EPRI purchased the facility to expand its laboratory space by 15,000 ft2and provide space for local workforce growth over the next five years.

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

EPRI conducts and manages research and development programs in electric transmission, and nuclear and fossil power generation at the facility. It 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.