ENcome and Green Services Group merge O&M operations in France

16.05.2018

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 MW.

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.

“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 MW, 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.

S&WE / ENcome / Green Services Group

Similar Entries

Solarpark Kabai: MET Group and IBC Solar Energy started their successful cooperation in 2020. The result was a large-scale PV project with an output of 43 MWp (pict.: IBC Solar Energy)

IBC Solar Energy, the international project division of IBC Solar AG, has signed contracts for the realization of two megawatt solar parks in Hungary with a nominal capacity of 51 megawatt peak (MWp) and 45 MWp.

Under the motto "Think Ahead", the meteocontrol team will be presenting innovative solutions for the energy transition at Intersolar Europe at its booth B3.574. pict.: meteocontrol GmbH

Under the motto "Think Ahead", meteocontrol GmbH will be demonstrating at its booth B3.574 at Intersolar Europe how more efficient operational management can save time, increase yields and thus drive forward the energy transition.

Electromobility is an indispensable building block of the energy transition. So it’s no surprise that the lithium-ion battery market is booming. But with this come myriad challenges all along the value chain.

Excelsior Energy Capital (“Excelsior”), a renewable energy infrastructure fund focused on long-term investments in wind and solar power plants in North America, and Unico Solar Investors (“Unico Solar”), a wholly owned subsidiary of Unico Investment Group LLC that develops, owns and operates commercial and community solar installations, announced the completion of a 300-kilowatt solar energy system at Central Station, a new four-story, 125,000-square-foot office building. Developed by SteelWave and owned by Principal Real Estate Investors, the building is located at 285 Sobrante Way in Sunnyvale, California.