Hertfordshire-based clean energy developers and operators RES Group are entering Spain’s and Portugal’s wind turbine business.
The international firm has bought structure servicing specialist IM FutuRe for an undisclosed sum. Contracts to operate and maintain 1,400 land-based windmills across the Iberian peninsula come as part of the deal.
IM FutuRe have inspected and repaired over two thousand Iberian blades in the last three years. All 167 employees along with the management team will join RES and continue to provide services for customers including Iberdrola, EDPR, Naturgy, EnergieKontor and Olivento.
The deal is the third RES has made in the last 12 months, following on from acquisitions in Australia and Denmark, as it seeks to strengthen its offering across multiple technologies and markets.
Marco Perona, RES’ CEO for support services commented: “RES has ambitious growth plans for its global support services business and continue to implement our strategy, entering new segments and markets. This acquisition will strengthen RES’ overall position in wind energy services combining opportunities and additional clients with enhanced capabilities.
Claiming to have built itself over 40 years into the world’s largest independent renewable energy company, RES now supports more than 12GW of operational assets worldwide, with teams tasked to enhance device lifetime and performance, while improving financial outcomes for customers. Besides wind turbines, RES is active in solar, energy storage, transmission and distribution and green hydrogen.
RES says it has delivered more than 23GW of renewable energy projects across the globe.