Entegro is extending its expertise in fibre telecommunications and network infrastructure by moving into the renewable energy sector.
Entegro, a Kilkenny-based engineering group, has announced the acquisition of renewable energy specialist Acel Energy, a solar energy company headquartered in Monaghan.
In acquiring Acel Energy, Entegro aims to further its expertise in the designing, building and operation of critical fibre telecommunications and network infrastructure. The move will involve Entegro forming a new entity, Entegro Energy and there are also plans to grow the workforce from 200 employees, to roughly 300.
The acquisition also builds on Entegro’s established partnership with high- and medium-voltage engineering specialist Nahanagan Electrical.
According to Entegro the investment will align complementary capabilities under a single roof, furthering expertise in the delivery of renewables generation, battery storage and high-voltage infrastructure solutions domestically and internationally.
