Sunday, September 22, 2024

Green Building Renewables acquires Scarborough business and increases turnover to £26m

Green Building Renewables has acquired of Scarborough-based business MYelectrical Renewables to help meet the increasing customer demand for technologies like solar panels and heat pumps.

MYelectrical Renewables is the company’s sixth acquisition in 18 months, during which time its turnover has grown from £3m to £26m, and the staff number has grown from 18 to over 130.

Chris Delaney, MD of Green Building Renewables, said: “In the last 18 months we have increased our coverage across Yorkshire. First, with our new office in Doncaster and now with expansion onto the East Coast, we are the fastest growing renewable installation business in the region, and we believe nationally too.

“As a regional leader, we aim to offer world class advice and installations across Yorkshire and the country.  We welcome Dan and his team to ours and look forward to helping customers on the East Coast capture the energy of Yorkshire’s seaside sunshine. It’s predicted that the world will add as much renewable power in the next five years as it did in the past 20. We want Yorkshire to be a leader in this global energy transformation. We aim to drive this transformation across the country too, which is why we have also opened our second office in York to house our management team. We will grow our business in a way that provides customers with a local service for a national solution to a global issue.”

In due course, MYelectrical Renewables will rebrand to Green Building Renewables as it becomes a part of the company’s network of local renewable technology installers, recruiting new Solar PV installers and heat pump engineers across the country.

Dan Oram, MYelectrical Renewables founder director, said: “I am extremely proud that Green Building Renewables identified MYelectrical Renewables to join its rapidly growing network of renewable technology installers. Their decision reflects the quality of the service we already offer. The opportunity to join Green Building Renewables allows our team to offer more services and products to our regional customers. At the same time, it also allows me more personal freedom to pursue other interests as we join Chris and his team.”

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