Home renewable energy business acquired in cross border deal
Swedish clean energy-tech company, Aira, has today revealed its acquisition of Sheffield-based All Seasons Energy, a UK home renewable energy specialist.
It represents a continuation of Aira’s corporate strategy to facilitate market expansion by partnering up with local champions to access critical regional expertise and experience.
It is designed to help drive Aira’s ambition to become the UK’s leading clean energy-tech business by the end of 2024.
To accelerate the rapid growth of the business, Aira says it will invest in a new Northern Academy that will train hundreds of installers, helping drive its ambition to serve five million homes across Europe with clean energy solutions over the next 10 years.
The deal will also enable All Seasons Energy to double its office, training and warehouse space and grow its team to create new job opportunities from apprenticeships to installers and commercial roles.
Overall, the acquisition is expected to create over 100 new jobs and apprenticeships within the next year.
In the last five years, All Seasons Energy has installed more than 13,000 energy saving measures, such as solar panels, heat pumps, home insulation and electric vehicle chargers.
This is Aira’s second acquisition since inception. Aira is part of Sweden’s Vargas Holding Group of companies that also includes unicorns Polarium, Northvolt and H2 Green Steel.
All Seasons Energy director, Richard Moule said: “This is an exciting period of rapid growth for us. Already a successful, nation-wide, and multi-award-winning installer, I believe Aira will take us to the next level.
“Aira have an outstanding drive to grow the European heat pump industry, and their plan for an on-site training facility will provide hundreds of installer opportunities and apprenticeships for Yorkshire and neighbouring counties.
“We’ll have the resources available to make the north of England a huge part of the green jobs revolution while accelerating the UK’s transition to net zero.”
Daniel Särefjord, Aira UK CEO, added: “We see our investment in All Seasons Energy as a crucial stepping stone to unlocking the UK’s potential for a cleaner, greener homes based on low carbon technologies and sustainable energy sources such as the sun and air.
“The opportunity to decarbonise UK homes is extraordinary. In the UK, residential heating contributes to 16% of all CO2 emissions and 85% of all homes still use fossil fuel heating.
“We’re offering alternative solutions to heating and powering homes, dramatically reducing CO2 emissions and minimising energy related bills by more than 50%.
“This deal represents a brilliant opportunity for Aira to invest in the UK’s clean energy sector.”
