Heavy spending by the Obama administration on environmental measures will boost sales at AEA Technology, the energy and climate change consultancy said, as it digests its recent acquisition of PPC, a US-based environmental data group.

“The stimulus package that [President] Obama has put forth includes $40bn (£24bn) to invest in emerging technologies and energy efficiency initiatives,” said Mike Nigro, former chief executive of PPC and now chief operating officer at AEA.