BREAKING NEWS

Amberside Energy has sold its development business to Elgin

Elgin has purchased Amberside Energy (Development) Ltd from Amberside Energy Ltd which includes a pipeline of over 1GW of solar and battery assets.

January 20, 2024

Under the terms of the Agreement, Elgin, has acquired 100% of the share capital of Amberside Energy (Development) Ltd.

This acquisition has significant synergies that should accelerate the delivery of new renewable energy assets in the UK, providing predictable and affordable power at a competitive cost and decarbonizing energy production.

Amberside Energy’s remaining business continues to provide software solutions to developers and asset management services.

“This is a great strategic acquisition to grow our pipeline across the UK” says Ronan Kilduff, CEO of Elgin.

"This strategic sale allows Amberside Energy to sharpen its focus on our core competencies—creating advanced software and data analytics solutions for project development and operational asset management. By doing so, we can extend our reach and deliver these solutions to a broader market beyond our internal operations," said Marc Scambler, Co-Founder and CEO of Amberside Energy.

Founded in 2009, Elgin operates across offices in Dublin, London, Ulm, Rome, Madrid and Sydney, with a team of over 130 professionals driving the delivery of large-scale renewable projects.

For more information, visit www.elgin.com.