HV Energy Systems
We’re pleased to have advised on the sale of HV Energy Systems (HVES), a Bristol-based specialist independent connection provider, to global environmental consultancy RSK Group in a multimillion-pound deal.
Founded by engineers Craig Steven and Louis Wright, HVES is National Electricity Registration Scheme (NERS) accredited and delivers high-voltage grid connection infrastructure for renewable energy and energy storage projects across the UK. Its services include detailed design and engineering, procurement, project management, construction, installation, commissioning and energisation.
Our Corporate Finance team acted as the lead advisers to the shareholders of HVES on the sale. We worked with the shareholders and management to help prepare the business for sale, identify potential buyers, including RSK Group which was the shareholders preferred partner to take the business forward. We then led on the commercial negotiations, managing the process through to a successful completion.
Craig Steven and Louis Wright will continue to lead the business, which will be strengthened by its partnership with RSK.
For RSK, the acquisition reinforces its focus on end-to-end delivery across renewables, energy storage and wider infrastructure. It also strengthens the group’s integrated service offer, while retaining HVES’s delivery-led operating model.
Project Zephyr – GEV Wind Power
GEV Wind Power (GEV), a global specialist services provider to the wind energy industry, has been acquired by Certek in a deal led by our Corporate Finance team.
Based in East Yorkshire, GEV provides inspection, monitoring, rope-access and maintenance services to on-and offshore wind turbines across the globe. GEV’s client base includes the world’s biggest OEMs and wind farm operators and is the recognised market leader in the blade services niche. GEV has been backed by Bridges Fund Management (Bridges) since June 2019.
GEV supports its clients through its operational hubs in North America, UK & Europe and Australia, deploying in-field technicians who support the owners of thousands of wind turbines across four continents. The company executes more than 300 individual projects annually with its specialist pool of more than 500 technicians.