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Veolia acquires Cynergin ‘to boost energy growth’

As part of its ‘strategy for growth and customer development’, Veolia has acquired energy services company and Energy Performance Contract (EPC) specialist, Cynergin.

In recent years Cynergin has enjoyed notable success in a number of high profile hospital Trust and public building energy projects, working, for instance, with Yeovil District Hospital NHS Foundation Trust and Warrington and Halton Hospitals NHS Foundation Trust, and has ‘a strong business pipeline’. 

Veolia says the acquisition ‘provides a complementary set of skills to the existing Veolia business in bidding, delivering, and maintaining Energy Performance Contracts, and will further extend the capabilities and expertise of the existing energy efficiency teams in the UK’. The new team will remain focused on delivering under the procurement frameworks to which it is accredited, including CEF, Essentia, RE:FIT, and NDEE etc. 

Estelle Brachlianoff, senior executive Vice-President, Veolia UK and Ireland, said: “With the addition of Cynergin’s expertise and bidding approach, Veolia is further strengthening its service offering to the healthcare and public sectors to ensure we maintain the existing growth in the management of Energy Frameworks, and address the needs of these dynamic markets, providing not only energy, but also water and waste solutions.”

 

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