EDF Renewables Announces Acquisition Of SAS Energy

EDF Renewables UK and Ireland has acquired SAS Energy which provides solar technology for use in the commercial and industrial sectors. The move is dsigned to strengthen EDF Renewables' current position within the industry. SAS Energy became a wholly-owned subsidiary of EDF Renewables UK on Sept. 15, bringing with it a team of 30 and a portfolio including more than 45 projects in development and construction. 
EDF Renewables Announces Acquisition Of SAS Energy
Courtesy of EDF Renewables

The two organizations have an existing relationship which includes the recent completion of an installation of rooftop mounted solar PV at Safran’s Pitstone manufacturing facility. SAS Energy acted as the main contractor on the project which saw more than 2,100 roof mounted panels fitted, with an average of 47% of daytime electricity usage expected to be covered May through September at the Pitstone site.

Discussing the acquisition, Matthieu Hue, CEO of EDF Renewables UK, said, “Our mission is to create a future where clean energy powers all parts of our lives so we are delighted to have the team at SAS Energy join our Commercial and Industrial Renewables team to support the ever-increasing number of businesses that are looking to decarbonize their operations. 

“The acquisition of SAS Energy will allow us to accelerate our growth and build on an already healthy pipeline of projects by benefitting from their experience of successfully installing renewables for commercial clients over many years.”  

EDF Renewables UK currently has more than 45MW of solar projects in construction and development. The acquisition will help expand the in-house offering to include both Financed and Capital funded projects across solar, electric vehicle charging and battery storage for commercial clients.

Nick Porter, Managing Director of SAS Energy, said, “From the start, our purpose was to help businesses play their part in the fight against climate change by taking advantage of the benefits offered by solar. From our existing relationship with EDF Renewables UK, it is clear that they share this vision so we’re incredibly excited to join such a well-established leader in renewables.”

Matt Nunn, Director of EDF Business Solutions, added, “Our increased in-house capability with SAS Energy will enable us to deliver on-site solar projects more efficiently, to a wider range of business customers. We are excited to be able to help more customers on their journey to Net Zero, through solar energy.”

With the acquisition complete, EDF Renewables UK is now focused on ensuring that there is a smooth transition while maintaining pace on existing projects. 

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