Monday, December 23, 2024

Acquisitions allow York-based renewable technology business to expand into the North East and Norfolk

Low carbon and renewable technology specialists Green Building Renewables has acquired two new regional businesses to expand its nationwide network of local renewable energy experts.

Peterlee-based Unique Energy and Norwich-based Inspired Renewables join the York-based business and will increase its revenue to £15 million. The merger will also create 20 new jobs at the company across its two new offices over the next 12 months.

Green Building Renewables offers a range of renewable technology solutions through its growing network of local energy experts; it provides air and ground source heat pumps, underfloor heating, solar PV, EV charging, and battery storage.

The company’s network includes York, Doncaster, Daventry, Wellingborough, and Colchester offices. The two new offices in Peterlee and Norwich help to expand its nationwide reach further as it can now offer its services and products in the North East and Norfolk and Suffolk, respectively.

Chris Delaney, Managing Director of Green Building Renewables, said: “This is an exciting time for the business. These are the third and the fourth acquisitions for Green Building Renewables in less than 12 months, demonstrating our ambition and commitment to creating a nationwide network of local renewable energy experts.

“We want Green Building Renewables to be the first company people think of when they want to install renewable technology in their homes or businesses. We will do this by continuing to grow our network through the acquisition of quality local renewable technology businesses like Unique and Inspired.

“We’re delighted to welcome Michael and Andy’s team to ours. And we’re proud of how much of England we now cover. We will continue to grow our business that provides people with local solutions to the global issues of rising fuel prices and climate change.”

Unique Energy, which specialises in installing solar panels and renewable technology through the Government’s Green Homes Grant Local Authority Delivery scheme and Inspired Renewables, a community partner of Norwich City Football Club, will begin a process of rebranding to Green Building Renewables.

Michael Metcalfe, Managing Director of Unique Energy, said: “Joining Green Building Renewables and becoming part of something bigger is a fantastic opportunity for my team and I. Together, we have built something special in the North East and now have the chance to share our knowledge and learnings with a wider team. With fuel prices expected to rise again later this year, the number of people affected by fuel poverty will only increase. We have been committed to helping those with the lowest incomes access renewable technology. By joining Green Building renewables, we hope to expand that offering.”

Earlier this year, Green Building Renewables acquired Eco East Anglia, based in Colchester. The acquisition of Norwich-based Inspired Renewables allows Green Building Renewables to offer its products and services to most of East Anglia and a large portion of the South East of England.

Inspired Renewables Managing Director Andy Glanville said: “The demand for renewable technology, particularly solar panels and battery storage like the Tesla Powerwall, continues to grow especially in the East and the South East of England, which gets its fair share of sunny weather. By joining Green Building Renewables, we can offer renewable technology to people across the region. The merger will create jobs in the region as we work to meet the demand.”

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