Renewable energy company Infinergy has been bought from its Dutch shareholders by its existing long-term management Esbjorn Wilmar CEO and Tjiwolt Wierda CFO.
The new owners have laid out exciting plans to expand the company’s activities, by developing solar projects in Australia in addition to the company’s strong onshore wind portfolio and by branching out into new markets and technologies.
CEO Esbjorn Wilmar said: “For many years Infinergy has been very successful in developing onshore wind energy projects around the UK. We are now ready to take the next step and widen our horizons. We are very pleased to have achieved this management buy-out as we see it as an important milestone in realising our ambitions.”
Mr Wilmar continued: “We have started new wind and solar projects in the Netherlands and Australia which are looking very positive. The first planning consent for a wind project in the Netherlands is expected in the coming weeks. Our activities in the UK will continue as well. Where it comes to developing larger-scale projects, our focus is firmly on Scotland, but our ‘behind the meter’ projects can be rolled out throughout the country. In partnership with Greensolver UK we will continue to provide construction and asset management services to projects we have previously divested from. These services will also be provided to third parties.”