Global energy services provider, Swire Renewable Energy (SRE) has announced the acquisition of Danish wind services provider, ALL NRG. The substantial acquisition will see SRE become sole owner of ALL NRG wind and solar division.
ALL NRG is a leading provider of manpower services and project solutions including installation, commissioning & decommissioning support, blade inspection & repairs, and HV services, to the energy industry. The company currently operates across wind markets in Europe and Asia. ALL NRG was established in 2014 by Nordic private equity firm, Via Equity, by the acquisition of four prominent energy-related companies: APRO Wind, VB Enterprise A/S, Q-Star Energy A/S and WTG Partners A/S.
Manfred Vonlanthen, CEO of Swire Renewable Energy commented: “This acquisition, alongside the investment of BladeInsight in June of this year, positions Swire Renewable Energy firmly within the wind industry. ALL NRG has an impressive track record and is a trusted service provider, with access to over 600 highly qualified technicians.
“With this competence, in combination with our global reach and our long-term experience operating safely in the offshore environment, we will be able to service OEMs, operators, and owners with a full spectrum of specialist services for wind projects globally.
“We welcome Michael Thatt and his team and look forward to developing our service offering together in line with our strategic vision for wind services within SRE.”
“Via Equity is happy to see the ALL NRG services continuing under new ownership and we are certain SRE will have great opportunities to excel in the very promising market for wind and solar”, says Peter Thorlund Haahr, partner at Via Equity.
This is the second wind focused acquisition for Swire Renewable Energy this year, and forms part of the company’s long-term strategic objective to grow its renewable energy sector offering to support customers through the energy transition.
ALL NRG will be rebranded to Swire Renewable Energy, which will roll out across the organisation from 3 August.