ENcome and Green Services Group merge O&M operations in France
- New joint venture company ENcome Energy Performance France SAS
- Joint O&M portfolio in France increases to approximately 150 MWp
- ENcome France becomes one of the leading O&M providers in France
ENcome Energy Performance GmbH and Green Services Group have announced to merge their French O&M operations. Both partners will transfer their O&M activities and particularly the O&M business of KBE Energy, one of Green Services Group affiliates to the new joint venture company ENcome Energy Performance France SAS. Thereby ENcome France becomes one of the leading O&M providers in France with an O&M portfolio of approx. 150 MWp.
“With Green Services Group & the KBE Energy team we have found highly competent and reliable partners who share our view of the O&M market as well as our service orientation and capacity for innovation. Together, we want to increase our French presence and continue to provide high service quality and value add to the benefit of our customers.” says Andreas Leimbach, Managing Director of ENcome.
Guy Auger, Chief Executive Officer of Green Services Group adds: “We are really excited about the merge of our O&M activities with ENcome Energy, as together we will bring to the French market and solar PV asset owners, a stronger offer in terms of O&M, not only in terms of services provided but also in terms of geographic coverage.”
The French PV market for larger system sizes is one of the few European feed in tariff markets that is still growing. On the backdrop of the Government tenders program (CRE) for construction of plants above 100 kW and up to 17 MWp, France is expected to become one of Europe's largest new construction PV markets in the next years. As one of the leading service providers in the French O&M market, ENcome and Green Services Group expect significant future growth. ENcome France will jointly be managed by Andreas Semmel and Matthieu Fiocconi.
Further details of the merger remain confidential. The transaction is still subject to conditions to be fulfilled within the next weeks. The transaction was arranged by SolarKapital GmbH, a private-equity company focusing on the solar market, as joint commercial advisor and BCTG as joint legal advisor.
About Green Services Group
Acting as an international technical services group, Green Services Group has been created in 2013 and operates through two main companies: Greensolver, leading independent technical expert dedicated to wind & solar assets and KBE Energy, solar PV expert providing construction, Operation & Maintenance and advisory services.
For further information www.greenservicesgroup.com
The ENcome group is a pan-European leading and independent provider for the operation of photovoltaic power plants with focus on technical Operation and Maintenance (O&M), technical Asset Management (TAM), as well as Engineering & Advisory services. At present ENcome operates power plants with a nominal capacity of approx. one Gigawatt in all major European markets and Australia.
For further information https://www.en-come.com/de/home/