Calisen acquire two Heat Pump businesses

Calisen agrees acquisition of Ecofit Renewables and Source Eco, two heat pump installation businesses enabling Calisen to expand its range of activities in line with its mission to deliver Smarter Energy for All.

• The acquisition is Calisen’s first step into low carbon heat and establishing a nationwide heat pump business. -
• Installation of heat pumps combined with its existing EV charging and smart meter services will reinforce Calisen’s role in helping to roll-out energy transition assets in support of Net Zero.

 

01 March 2023 – Manchester, UK – Calisen Group (Holdings) Limited, has agreed to acquire Ecofit Renewables Limited and Source Eco Limited and expand its scope of services to the domestic and commercial heat pump market as part of its mission to deliver Smarter Energy for All through the deployment of energy transition assets.

 

Following its many years of experience in the energy sector, Calisen is expanding its capability into the electrification of heat. The new additions to Calisen’s family will allow a wider range of customers to manage their own journeys to Net Zero and help achieve Calisen’s targets for a greener and cleaner environment.

 

Sean Latus, Chief Executive of Calisen, said: “Calisen’s strategy and mission centres around giving customers the infrastructure they need to meet their own ambitions to work towards Net Zero. We have identified that the delivery of low carbon heat is of paramount importance in achieving this goal. I am delighted with Calisen’s first step in this market and the opportunities we can deliver by bringing our qualities, skills and many years of experience operating in the energy sector to help accelerate the delivery of low carbon heating. I would like to welcome our new colleagues and I am confident that working with Calisen’s team they will achieve great results.”

 

Matthew Bateman, Chief Operating Officer of Calisen, said: “The electrification of heat is already a very busy market but there is still a lot of scope in this growing area as we all work towards Net Zero by 2050. I am delighted to launch our heat pump business off the back of these acquisitions and joining forces with a team of highly skilled and committed colleagues. I can promise that the entire team will be focussed on delivering green heat to a wide range of customers.”

 

Steve Challinor, Nathan Willsdon and Nik Merrett owners of the two businesses stated: “We have spent many years working in this industry delivering heat to people’s homes. We are passionate about what we do and we are pleased to have joined forces with Calisen to achieve this. We are looking forward to growing the new business and delivering our services to as many people as possible in the UK so they have access to affordable, efficient, low carbon heating.”