Activ8 Energies acquires LCE in a transaction that reinforces its international growth strategy. With the acquisition of 100% of the British company Low Carbon Energy, which specializes in solar solar solutions solutions for the industrial and business sector, the Irish firm backed by SSE Airtricity positions itself as one of the key players in the UK commercial solar market.
Activ8 Energies acquires LCE and grows in solar energy
With this acquisition, Activ8 seeks to expand its installed capacity and double its turnover in the coming years, focusing especially on industrial customers. The recent development of a solar farm at Liverpool airport, which will airport, which will cover 25% of its electricity consumption, exemplifies this direction.
[post_relacionado]The integration of Low Carbon Energy brings more than 60 MW of installed projects and a portfolio of high-profile customers that includes brands such as BMW, Boeing and Tata Steel. The combined capabilities will enable the scaling solar energy projects projects throughout the United Kingdom.
New operational phase with no immediate brand changes
Although the acquisition is complete, Low Carbon Energy will continue to operate under its current name for the foreseeable future. Benedict Ennis, now CEO, will lead day-to-day management, while Ged Ennis, its founder, will remain as strategic advisor.
The joint strategy aligns with the UK’s energy transition, where power purchase agreements (PPAs) are driving the installation of solar systems in industrial buildings and logistics centers.
Source and photo: Activ8 Energies