Renewables company boosts turnover to £38m with ninth acquisition
York-based cleantech business, Green Building Renewables, has expanded its nationwide network into South West London and the home counties by acquiring JEM Energy.
Farnborough-based JEM Energy is the ninth company to join Green Building Renewables as it grows its nationwide network across England due to increasing demand for solar technology.
In under two years, Green Building Renewables has increased its turnover more than tenfold from £3m to £38m.
Staff numbers have risen from 18 to over 200 in 13 regional offices across England.
The further expansion into the South is part of the company’s strategic vision to extend the benefits of solar energy and low carbon heating to as many local communities as possible nationwide.
Managing director, Chris Delaney, said: “The Government might be delaying its net zero targets and green ambitions, but this differs from what we see from our customers.
“Homeowners and business owners nationwide are embracing and adopting renewable energy for their buildings.
“They recognise the tangible benefits of saving money on their bills, being less reliant on the grid and reducing their environmental footprint.
“Our expansion further into the South will allow us to reach even more customers, allowing them to take advantage of our award-winning service. We welcome James Rodwell and his team at JEM Energy to ours.”
Green Building Renewables offers a range of renewable technology solutions through its network of local energy experts. It provides air and ground source heat pumps, underfloor heating, solar PV, EV charging, and battery storage.
James Rodwell, founder of JEM Energy, said, “It’s an exciting time for renewables in the UK. The desire for what we do is clear.
“People want to improve their homes and prepare for the future. I am extremely proud that we have become a part of Green Building Renewables and are committed to helping them become the country’s largest renewable installation company.”
JEM Energy currently serves residential clients in South West London and the home counties and specialises in solar PV, battery storage, air source heat pumps & thermodynamic water heating.
Green Building Renewables is an Efficient Building Solutions (EBS) business – company committed to tackling the climate and ecological crises by radically improving the UK’s buildings.
EBS combines design, consultancy, product supply and installation of low-energy technologies and products into residential and commercial buildings through its businesses: Green Building Renewables, Green Building Store, and QODA Consulting.
Philip Fellowes-Prynne, Efficient Building Solutions CEO, said: “The growth of Green Building Renewables is accelerating.
“JEM Energy is the ninth acquisition in less than two years and opens up another region for Chris and the team to take their services and products to.
“Green Building Renewables aims to be the largest renewable installation business in the UK by 2024, with a turnover of £100m. Companies like JEM Energy joining our network means we are on track to achieve this.”