Swire Energy Services (SES) has snapped up Danish wind services provider ALL NRG for an undisclosed sum.
As per the terms of the acquisition, which has been described as “substantial”, SES will become the sole owner of ALL NRG’s wind and solar division.
It’s Aberdeen-based SES’s second wind focused acquisition this year and forms part of the company’s long-term strategic objective to grow its renewable energy sector offering.
ALL NRG provides project solutions, including installation, commissioning & decommissioning support, blade inspection & repairs, and HV services, to the energy industry.
The company currently operates across wind markets in Europe and Asia.
It was established in 2014 by Nordic private equity firm, Via Equity, through the acquisition of four energy-related companies; APRO Wind, VB Enterprise, Q-Star Energy and WTG Partners.
From August 3, ALL NRG will take on SES’s branding.
Manfred Vonlanthen, chief executive of SES, which was formerly called Swire Oilfield Services, said: “This acquisition, alongside the investment of BladeInsight in June of this year, positions Swire Energy Services firmly within the wind industry. ALL NRG has an impressive track record and is a trusted service provider, with access to over 600 highly qualified technicians.
“With this competence, in combination with our global reach and our long-term experience operating safely in the offshore environment, we will be able to service OEMs, operators, and owners with a full spectrum of specialist services for wind projects globally.
“We welcome Michael Thatt and his team and look forward to developing our service offering together in line with our strategic vision for wind services within SES.”
Peter Thorlund Haahr, partner at Via Equity, added: “Via Equity is happy to see the ALL NRG services continuing under new ownership and we are certain SES will have great opportunities to excel in the very promising market for wind and solar.”