Veolia has announced its acquisition of energy services and Energy Performance Contract (EPC) specialist Cynergin.
The move forms part of the environmental solutions provider’s strategy for growth and customer development, and provides a complementary set of skills to the existing Veolia business in bidding, delivering and maintaining Energy Performance Contracts, as well as extend the capabilities and expertise of its existing energy efficiency teams in the UK.
Over recent years Cynergin has had notable success in a number of high profile Hospital Trust and public building energy projects, such as the Yeovil and Warrington & Halton Hospital Trusts and Somerset House and has a strong business pipeline.
The new team will remain focused on delivering under the procurement frameworks to which it is accredited including CEF, Essentia, RE:FIT, NDEE etc.
Estelle Brachlianoff, senior executive vice president, Veolia UK and Ireland commented:
“We believe in the development of the energy business and this latest acquisition demonstrates our commitment to increasing energy efficiency and sustainability.
“With the addition of Cynergin’s expertise and bidding approach, Veolia is further strengthening its service offering to the healthcare and public sectors to ensure we maintain the existing growth in the management of Energy Frameworks and address the needs of these dynamic markets, providing not only energy, but water and waste solutions.”
Veolia has been delivering energy management to hospitals since 1938, and currently provides energy management to over 100 hospitals in the UK and Ireland which support the energy requirements for around 7.9 million patients each year.