This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Balfour Beatty WorkPlace acquires energy consultancy

07 April 2011

Balfour Beatty, the international infrastructure group, announces today that Balfour Beatty WorkPlace has acquired Power Efficiency, the energy procurement and carbon strategy consultancy, for a cash consideration of up to £18 million.


Power Efficiency, which is an employee-owned firm, is a leader in the energy management market, providing energy procurement, invoice validation, compliance and carbon reduction advisory services to a range of private sector customers.

Power Efficiency will be integrated with Balfour Beatty WorkPlace’s existing capabilities in energy management to create a leading energy services business with over 100 dedicated technical specialists and account managers. The acquisition marks an important development for Balfour Beatty WorkPlace, bringing together a powerful combination of M&E and energy capabilities to reduce customers’ energy spend and implement carbon reduction targets. It further strengthens its ability to maintain large complex portfolios, monitor consumption and deliver end-to-end energy and carbon management services, which is seen as a key requirement by many of Balfour Beatty WorkPlace’s existing customers.

Balfour Beatty Chief Executive, Ian Tyler, said:

“Increasingly, providing our customers with advice and help to reduce their energy costs and carbon footprint is seen as an integral part of the service we offer them. This acquisition enables us to add additional skills and capabilities to our existing range of services and I am delighted that Power Efficiency’s management share our goal to build a leading energy services business.”


Contact Details and Archive...

Print this page | E-mail this page

www.fsifm.com
https://www.ironmongerydirect.co.uk/?utm_source=PFM&utm_medium=MPU%20Banner&utm_campaign=Everything%20you%20need%20banner&utm_term=Clicks&utm_content=Feb%2021


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Registration page published for PFM Partnership Awards 2020 ceremony

Those wishing to attend the online presentation ceremony for the PFM Partnership Awards 2020 at 16.00 on 17 March can now register in advance by

Takeover of G4S by US company seeming increasingly likely

American company Allied Universal Security seems to be set to take over G4S, after Canadian rival GardaWorld declined to increase its previous offer for th...

Benchmarking maintenance

BSRIA has just published this year's operation and maintenance benchmarking report as a guide for building operators to evaluate their performance against ...
Article image

Launch of PFM Partnership Awards 2021 categories

Today sees the launch of the PFM Partnership Awards 2021, all of which are listed below with the relevant criteria for each one....
Article image

Calls for improved training to assist drive for net zero carbon

Concern over the meeting of net zero carbon targets has been voiced by leaders within the construction sector, according to the latest report from the Inst...
https://www.uhubglobal.com
http://edition.pagesuite-professional.co.uk/Launch.aspx?PBID=78915b1c-0f11-4b5e-9468-ba601ad89761