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%20MPU&utm_medium=MPU%20Banner&utm_campaign=Jan%202021&utm_term=Clicks&utm_content=Jan%2021


MOST VIEWED...

View more articles
Article image

Why complete transparency on remote education offerings from training providers must be accessible

With the ever-changing global climate, the impact of Covid-19 has seen a wide cross-section of industries significantly impacted, with many individuals los...
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

PFM Partnership Awards 2020 trophies to be presented in virtual event

Following the latest lockdown restrictions around the UK, it has been decided that it will not be possible to stage a live event to present the winners of ...

SFG20 updated and online

A new, updated and interactive version of SFG20 - Standard Maintenance Specification for Building Services - has been launched as a web based service which...
Article image

Compliance – the difference between Regulation and Guidance, a personal view of G3

Having invented a regulatory driven product, I have studied the issue of compliance for a number of years now. Through research and detailed studies, I hav...
Article image

Covid-19 operational challenges

Covid-19 is only the second pandemic of the 21st century since the first being the Influenza pandemic in 2009 which was considered mild in comparison....
https://www.uhubglobal.com
PFM