Aggreko acquires RenEnergy

  • Aggreko has acquired renewable energy IPP/EPC , RenEnergy.
  • RenEnergy will continue to operate under its own brand.

RenEnergy has a strong record of delivering high-quality renewable energy projects across South Africa and the UK while Aggreko is an energy sector service provider with a global presence. The anticipated synergies between Aggreko and RenEnergy will enable the companies to collectively deliver more comprehensive renewable energy solutions.

“We are excited about the future of the renewable energy industry and the role we can play, together with Aggreko, to bring more solutions to more clients. We can accelerate our growth by combining with a significantly larger player in the energy industry.

“Our commitment and ability to build long-term partnerships with our clients and suppliers is strengthened even further. I am very proud of my team, who has shown remarkable resilience and strength in this period of intense growth in the solar industry in South Africa,” said RenEnergy Africa MD Claude Peters.

“RenEnergy is a well-run business in the growing renewable energy sector and we look forward to supporting the management team in achieving their growth ambitions, both in terms of investment and the benefit our commercial position brings in both the UK and South Africa,” added Aggreko Energy Services MD Chris Rason.

Author: Bryan Groenendaal

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