Butagaz continues its funding in photo voltaic vitality by buying Sys EnR, following its buy of French installers Soltéa and Solewa.
From pv journal in France
Butagaz introduced a brand new acquisition within the PV sector, a few yr after buying two French installers, Soltéa and Solewa. In its newest transaction, the oil and liquefied fuel provider has agreed to amass Sys EnR, an installer and operator of solar energy crops on rooftops and shade constructions, based mostly in Essonne, France.
The corporate didn’t disclose monetary particulars of the deal. It mentioned the brand new subsidiary will proceed to supply design, building and upkeep providers for photo voltaic PV and thermal installations.
“These vitality options of the longer term, economical and low carbon, are added to different providers and vitality corresponding to biopropane, biomethane, inexperienced electrical energy, wooden pellets, and so on. that Butagaz gives to assist prospects to eat which is smaller and higher,” the group mentioned in a press launch.
Sys EnR, which focuses on the industrial and industrial aspect, in addition to self-consumption initiatives, ought to profit from Butagaz’s buyer portfolio. The corporate claims to have accomplished almost 500 installations since its creation in 2017, for a cumulative put in capability of 300 MW.
“For now, our joint dedication will make it doable to ship new initiatives extra rapidly, with the technical competence of the historic teams and the power of the Butagaz group,” mentioned Franc Raffalli, managing director of Sys EnR. . “We are going to anchor our basic commitments in favor of the technicality and security of installations within the context of speedy development.”
Since 2015, Butgaz is a subsidiary of DCC, an Irish utility firm.
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