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Engineering group Entegro to create 100 jobs
๐Ÿ‡ฎ๐Ÿ‡ช Ireland /Economy & Trade

Engineering group Entegro to create 100 jobs

From RTร‰ News · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Irish engineering firm Entegro has acquired renewable energy company ACEL Energy.
  • The acquisition will lead to the creation of a new entity, Entegro Energy, and an increase in Entegro's workforce.
  • Entegro aims to expand its revenue to over โ‚ฌ100 million in the coming years.

Irish engineering group Entegro announced Thursday its acquisition of renewable energy company ACEL Energy, a move expected to create 100 new jobs and significantly boost the company's workforce and revenue.

The board and I welcome the ACEL team to the Entegro group.

โ€” John RooneyCEO of Entegro, commenting on the acquisition.

The deal will establish a new entity, Entegro Energy, which will combine complementary capabilities in the design, commissioning, and operation of power systems and storage at scale. This strategic integration aims to enhance Entegro's service offerings and build upon its existing partnership with Nahanagan Electrical, a high and medium-voltage engineering firm.

Entegro, which has seen its revenue grow to over โ‚ฌ60 million, plans to reach more than โ‚ฌ100 million in the coming years. John Rooney, Group CEO of Entegro, welcomed the ACEL team, highlighting the acquisition as a milestone in building a multi-utility business across telecoms, power, and infrastructure to meet growing demands in Ireland and beyond.

This is another milestone for Entegro as we continue to build a multi-utility business across telecoms, power and infrastructure to meet the demands of Ireland and beyond.

โ€” John RooneyCEO of Entegro, discussing the company's strategic growth.

Barry Sherry, Managing Director at ACEL Energy, expressed enthusiasm for joining Entegro, stating it provides an exciting platform to scale engineering-led renewable generation and storage. He assured existing clients that their commitment remains stronger following the integration.

It is an exciting platform to be part of, and our commitment to our existing clients is only stronger for it.

โ€” Barry SherryManaging Director at ACEL Energy, on the benefits of joining Entegro.
DistantNews Editorial

Originally published by RTร‰ News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.