Categories: Power & Energy

Ireland’s Galetech Group Acquires Optinergy Group

Galetech Group, renewables consultancy company based in Ireland has acquired a majority stake in Optinergy, a wind energy turbine operations and maintenance company from the BVP investments for a price that is not disclosed, and this deal has been responsible in marking the end of a successful relationship of Optinergy with the BVP Investments of five years, and this relationship has also provided EIIS (Employment and Investment Incentive Scheme) investment at the growth period of Optinergy.

The investors of EIIS of BVP for the Optinergy have all secured a strong return on their investment, and the company ‘Optinergy’ has currently been providing the services across many wind energy farms in both the regions of Ireland and Northern Ireland, and the company has also been diversified into the other areas of the renewable energy, along with the expertise in the solar energy and the battery storage assets.

The Galetech Group is also having plans for continuing the services where the BVP has left off and it is also going to provide investment in the Optinergy in the future, and the company is currently having an employee strength of 40 staff.

Darren Sherry, director of Galetech Group said, Optinergy has been a company that, the Galetech Group knows very well, and they have also been very impressed with the growth of Optinergy over the past number of years.

Aiden Watters, managing director Opyinergy said, this transaction has been responsible in marking the culmination of a lot of dedication and hard work by the staff of the company and the shareholders.

Writing is a medium to express feelings and convey facts. A creative mind never rests in peace and this amazing platform gives me the freedom to write about what I like most.

I’ve been a writer/blogger for the last twelve years and have covered technology-related topics. However, I also have considerable years of experience in writing for various domains – Technology, Beauty, Fashion, Pharmaceutical, human psychology etc. Technology is my forte.

I’ve handled many interesting projects. Writing is my passion. As an author, I’ve learned a lot in my long journey of penning down my thoughts!

Recent Posts

Premier League Clubs Agree to Remove Gambling Sponsorships from Team Shirts

After discussions with the government, Premier League clubs have agreed to stop sponsoring their front…

1 year ago

Russia’s Novatek to Gain Shell’s Stake in Sakhalin-2

Analysts reported that Novatek, a Russian natural gas producer, acquired Shell's stake in the Sakhalin-2…

1 year ago

Volkswagen Launches New-Gen Electric Motor to Power its “ID” Family

The electric drivetrain of the next generation for Volkswagen's "ID" has been unveiled. Family EV.…

1 year ago

Egg Prices to Reach Record High in 2023 Globally

According to research, global egg prices are expected to remain at an all-time high until…

1 year ago

Audi Selects Ohme as Smart Charger Partner in UK

Ohme becomes Audi's Official UK Smart Charger Partner Ohme has been selected as Audi's new…

1 year ago

General Motors Invests EnergyX to Unlock Lithium Supply in North America

GM Ventures has signed a strategic agreement to develop EnergyX's lithium extraction and refinery technology,…

1 year ago