York renewable tech specialist surpasses £26m turnover with two new offices
Low carbon and renewable technology specialist Green Building Renewables (GBR) has continued its rapid growth in the region with the acquisition of Scarborough based business MYelectrical Renewables to help meet the increasing customer demand for technologies like solar panels and heat pumps.
MYelectrical Renewables is the sixth acquisition by the York based business in 18 months. In the same period, the company’s annual turnover has grown from £3m to £26m, and the staff number has grown from 18 to over 130. Green Building Renewables has ambitions to grow its turnover to £100m by 2025.
Adding My Electrical to Green Building Renewables allows it to offer its range of renewable technology solutions, including air and ground source heat pumps, underfloor heating, solar PV, EV charging, and battery storage to customers across the whole of the East Coast of Yorkshire.
The company’s growing nationwide network already includes York, Doncaster, Daventry, Wellingborough, Colchester, Newcastle and Norwich offices. Adding MYelectrical Renewables increases its reach further and allows the company to provide local delivery of installations in a new region.
Due to the current demand for its services and products, Green Building Renewables has recently opened a second office in York. Located in Foxoak Park, Dunnington. The new facility neighbours its existing York HQ and will be home to its management team.
Chris Delaney, managing director of Green Building Renewables, commented: “In the last 18 months, we have increased our coverage across Yorkshire. First, with our new office in Doncaster and now with expansion onto the East Coast, we are the fastest growing renewable installation business in the region, and we believe nationally too.
“We welcome Dan and his team to ours and really look forward to helping customers on the East Coast capture the energy of Yorkshire’s seaside sunshine. It’s predicted that the world will add as much renewable power in the next five years as it did in the past 20.
“We want Yorkshire to be a leader in this global energy transformation. We aim to drive this transformation across the country too, which is why we have also opened our second office in York to house our management team. We will grow our business in a way that provides customers with a local service for a national solution to a global issue.”
In due course, MYelectrical Renewables will rebrand to Green Building Renewables as it becomes a part of the company’s network of local renewable technology installers, recruiting new Solar PV installers and heat pump engineers across the country.
By Matthew Neville – Senior Correspondent, Bdaily
- Add me on LinkedIn and Twitter to keep up to date
- And follow Bdaily on Facebook, Twitter and LinkedIn
- Submit press releases to editor@bdaily.co.uk for consideration.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.