Green Building Renewables Buys Solar Voltaics

• Green Building Renewables has acquired Solar Voltaics, a solar panel installation and EV charging provider. This is the 8th acquisition for the company, increasing their annual turnover to £35 million. Solar Voltaics serves customers in Hampshire, Sussex, Berkshire, Surrey, and Dorset.

Green Building Renewables, a UK installer of renewable energy solutions, has acquired Solar Voltaics, a solar panel installation and EV charging provider based in Chichester. The financial details of the transaction were not disclosed. Solar Voltaics serves residential and commercial customers in Hampshire, Sussex, Berkshire, Surrey, and Dorset. This acquisition is the eighth for Green Building Renewables, increasing its annual turnover to £35 million. Last month the company purchased Steve Cross Plumbing and Heating in Kidlington.

What Was the Financial Impact of Green Building Renewables' Acquisition of Solar Voltaics?

• Following the acquisition, Green Building Renewables is expected to generate over £45 million in revenues in 2021.
• Solar Voltaics’ customer base will expand to include the other regions in which Green Building Renewables operates, such as Northamptonshire, Bedfordshire, Wiltshire, and Oxfordshire.
• This acquisition will enable the company to offer a wider range of services to its customers, such as the installation of solar panels and EV charging points.
• The addition of Solar Voltaics to Green Building Renewables’ portfolio of companies is expected to increase the company’s profits by 20%.
• The acquisition is also expected to create more than 50 new jobs, including engineering and customer service positions.
• The deal will enable Green Building Renewables to further expand its presence in the UK renewable energy industry, positioning the company as a major player in the market.