Realise Energy Services, a Perth-based technical engineering specialist that maintains a large fleet of onshore wind turbines, has announced a new partnership with private equity firm Rockpool Investments.
This partnership is expected to strengthen Realise’s proposition for turbine owners in the UK.
Realise Energy Services provides remote monitoring, scheduled and unscheduled operation and maintenance services, and other elements of asset management to support its turbines portfolio.
Image: Realise Energy Services
Additionally, the company brings expertise in turbine re-powering and installations to the table.
Rockpool Investments’ investment in Realise Energy Services marks another stage in the company’s ambitious growth plans. The investment will aid Realise in actively seeking further acquisition opportunities.
The company continues to increase its multi-brand fleet on a regular basis with clients who see its local presence, solid technical and operational capability, strong supply chain, and direct links with wind turbine manufacturers as the ideal solution for their wind turbine service and maintenance requirements.
Since its inception in 2016, Realise Energy Services has seen impressive growth, including the acquisitions of Wind Technik Nord UK and Optinergy NI. Rockpool’s investment was led by Simon Collins and Toby Hurdle, and Stuart Black will join the board as non-executive chairman.
Simon Collins from Rockpool Investments said that they are excited by the opportunity to partner with the excellent Realise team. There is a huge opportunity in the market as owners look towards partnering with trusted specialists in inspection, monitoring, and repowering. Realise is well-positioned to capitalise on this.
Realise Energy Services was advised by HNH for corporate finance, MacRoberts LLP for legal advice, and Morris and Young Accountants for financial advice.
