Falck Renewables is to undergo a rebrand as a new chapter opens for the green energy company.
Once owned by the Falck family, an Italian dynasty, the company was acquired by institutional investors, advised by J.P. Morgan, in February and subsequently delisted.
To mark its change of ownership, Falck Renewables will soon become Renantis.
As part of the revamp, the company will adopt a new purpose – ‘to build a better future for all, by powering people’s everyday life with care’.
The choice of Renantis was inspired by the Latin word ‘renovare’, which means to renew, the offshore wind firm said.
It was selected following a “bottom-up process involving internal and external stakeholders”.
Toni Volpe, chief executive of the company, said: “In evolving to Renantis, we will build on the Falck Renewables legacy as a leading player in the global energy transition, renewing our commitment to creating a better future for all.
“The new Renantis brand incorporates our caring approach to building a positive impact for our planet. This is a goal that we can only achieve together by collaborating with our colleagues, stakeholders and clients for real, safe and meaningful growth.
“We’re proud to announce our new brand name and identity at Key Energy 2022. The exhibition, one of the biggest Italian renewable energy events, selected us as its Energy Transition Ambassador at this year’s event, and we are delighted to fulfil this role, bringing our clean energy heritage and future-focused approach to our participation.”
Falck Renewables develops, designs, builds and manages power production plants from renewable sources, with an installed capacity of 1.4 gigawatts (GW) in the UK, Italy, United States, Spain, France, Norway and Sweden.
Alongside partner BlueFloat Energy, the company secured two leases for offshore wind projects in the landmark ScotWind leasing round.
The Broadshore Offshore Wind and Bellrock Offshore Wind floating schemes will both be located off the north-east coast.
Work is also ongoing on the 1 GW Stromar development, the consortium’s third ScotWind project that also includes Danish renewables giant Orsted.