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Date: 28/08/2024
Author: Sustainable Energy First
Company: Sustainable Energy First
Sustainable Energy First, a sustainability and utilities specialist backed by Beech Tree Private Equity, is pleased to announce the acquisition of business utility & sustainability consultancy, Inenco.
The acquisition brings together two businesses with one common objective; to make truly renewable energy more accessible to businesses of all sizes helping them achieve their Net Zero targets.
This acquisition marks an exciting time for both businesses, creating a scalable energy and sustainability services provider that will continue to support its collective customer base with enhanced energy procurement and specialist sustainability services. The combined entity will remain centred around its people and technology, creating a work environment that engenders high levels of engagement to deliver quality customer service.
“We are thrilled to have completed the acquisition of Inenco, bringing together two like-minded and complimentary businesses,” said Michael Abbott, CEO of Sustainable Energy First. “This acquisition complements our mission to inspire and empower our people to create a positive difference. Together, we will provide unparalleled energy solutions that benefit our clients and contribute to a more sustainable future.”
About Sustainable Energy First: Sustainable Energy First is a leading sustainable energy and utilities specialist, backed by Beech Tree Private Equity. As a certified B Corporation with a strong commitment to sustainability, Sustainable Energy First is focused on reducing the carbon footprint of its clients, which account for 3.5% of UK business power consumption. In effect, it has aligned its own sustainability ambitions with those of its clients and prospects. Eradicating 327,000 tonnes CO2e by 2028 is the goal – this is the equivalent to taking 73,000 cars off the road.
About Inenco: A leading consultancy with over 50 years of energy management and sustainability experience, Inenco works with some of the largest organisations in the UK to reduce carbon, optimise energy consumption, ensure compliance, implement effective energy procurement strategies and control costs.
For more information about the acquisition and Sustainable Energy First’s services, please contact Chief Commercial Officer, Anthony Mayall.