Saturday, September 7, 2024

Acquisitive York renewables company snaps up Dorset-based firm

Green Building Renewables (GBR) has expanded further along England’s Southern Coast by acquiring Poole-based company H2ecO Limited.

The Dorset-based renewables installation company is the twelfth acquisition in GBR’s buy-and-build strategy and the fourteenth acquisition in total by the group, which also includes energy-efficiency experts 21°.

The York business remains on track to reach its target of nationwide coverage of England by the end of 2024. Since its formation in 2021, the company has proliferated across England, growing from one office in York to sixteen across England.

Managing Director of Green Building Renewables, Chris Delaney, said: “We are thrilled to welcome Mike and Julie’s team in Poole to the broader Green Building Renewables family. The quality of their work and their expertise in renewable technology speak for themselves and enable our company to expand our operations into a new region of England.

“The South Coast is a prime location for homeowners and businesses alike to reap the benefits of renewable technologies in the UK. We look forward to enabling more people in this region to improve the performance of their properties.”

H2ecO was founded by husband-and-wife duo Mike and Julie Stephenson in Poole 14 years ago. The company provides solar, solar thermal, battery storage, MVHR and heat pump technology to domestic and commercial properties across Dorset, Wiltshire and Somerset.

Mike Stephenson, H2ecO Managing Director, said: “Julie and I have worked hard with our excellent team to build our company’s reputation. We’re extremely proud that Green Building Renewables has recognised this hard work and wants us to join their nationwide network.

“The acquisition by Green Building Renewable secures the future of our company and allows our team to become a part of something bigger at a time when renewable energy and improving the performance of buildings within the UK has never been more important.”

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