Bouygues Energies & Services to Adopt Equans Brand in UK
The UK FM and energy solutions arm of Bouygues will now operate under the Equans brand. Bouygues Energies & Services (E&S) will become Equans from January...
Read Full ArticleEquans, a subsidiary of the Bouygues group, is to sell its UK district heating and cooling network portfolio to a consortium formed by Swiss Life Asset Managers and Schroders Greencoat LLP.
East London Energy Limited, Equans DE Holding Company Limited and Humber Energy (collectively known as Equans Urban Energy) will be included in the deal.
Equans has heat network concessions in Queen Elizabeth Olympic Park and Battersea, as well as other UK cities. These sites have a central energy centre serving a range of buildings through a network of underground pipes and cables.
Gabriele Damiani, Head of Core Infrastructure at Swiss Life Asset Managers, and Minal Patel, Partner at Schroders Greencoat, said: “We remain committed to Urban Energy’s net-zero ambitions and plan to make investments in the coming years to support the continued decarbonisation and growth of both existing and new heat networks. This will serve the UK’s wider net-zero objectives as well as the UK government’s Levelling Up agenda, by supporting local employment and investment in local critical infrastructure.”
The transaction is set to complete in Q4 of 2023.
Picture: a photograph of Queen Elizabeth Olympic Park, showing the ArcelorMittal Orbit sculpture. Image Credit: Unsplash
Article written by Ella Tansley | Published 18 September 2023
The UK FM and energy solutions arm of Bouygues will now operate under the Equans brand. Bouygues Energies & Services (E&S) will become Equans from January...
Read Full ArticleIn the latest update of the Competition and Markets Authority’s inquiry into a possible breach of competition law by the merger of Bouygues and EQUANS, the two...
Read Full ArticleThe Institute of Workplace and Facilities Management has announced a new partnership with FM provider Equans to educate its members on sustainability in facilities...
Read Full ArticleApleona has acquired Neylons Facility Management, one of the largest owner-managed integrated facility management providers in Ireland. The acquisition means that...
Read Full ArticleA new facilities management investment vehicle has acquired Bedford-based cleaning services provider Sector Support Services Limited. Hygiacura Group Limited, led by...
Read Full ArticleCommercial cleaning services provider Bayleaf Facilities Management has acquired Kleen London. Bayleaf Facilities Management Director, Paul Babai, says the move will...
Read Full ArticleFM provider Equans is giving its UK employees the chance to develop data analytics, AI and predictive modelling skills through new apprenticeships. Working with tech...
Read Full ArticleFM service provider Atlas has acquired commercial cleaning company Tudor Group for an undisclosed sum. Tudor Group is based in Eccles, Greater Manchester and provides...
Read Full ArticlePTSG has completed its first overseas acquisition, purchasing a fire solutions firm that operates across the Netherlands. Flame Control specialises in fire alarm...
Read Full ArticleBuilding management solutions company BGES has been acquired by learnd Limited, as part of its plan to become the leading energy management provider in Europe. learned...
Read Full Article