THREE60 agrees to acquire an Orkney-based company in the wind market
Aberdeen-based THREE60 Energy has strengthened its presence in the wind market with the acquisition of an Orkney-based maintenance and services specialist.
Bryan J Rendall’s Electrical (BJRE), founded by Mr Rendall in 1994, works in the Orkney Islands and the Scottish mainland.
Today, with over 20 years of experience, the business started as something to keep Mr Rendall ‘entertained’ when he was at home between work stints overseas.
Aberdeen-based THREE60 Energy is expanding its wind energy investments with the acquisition of an Orkney-based operations and maintenance specialist.
Bryan J Rendall Electrical’s Orkney office will remain operational under THREE60 Energy, while all Bryan J Rendall staff will also transfer to the energy services company.
The acquisition brings nine new people to THREE60 Energy’s wind energy workforce.
This brings the number of people working directly in wind power at THREE60 to more than 50 and the company aims to double that number over the next two years.
The renewable energy company is proud to retain 90% of its customers, with 75% of its revenue generated by renewable energy projects in wind, wave and tidal.
Bryan J Rendall was involved in the creation of the world’s first tidal generated hydrogen created on Orkney, in September 2017.
Bryan J Rendall
Mr Rendall told Energy Voice: “It happened in the 1990s, I was working offshore at the time and I started doing it during my three weeks ashore and it was something what I was doing for fun during those three weeks.
“It grew out of all proportion to the point that I stopped working overseas in 1998 and focused on it full time and we have continued to grow organically ever since.”
Mr Randall first spoke to THREE60 in March and, according to him, “everything is looking very positive”.
He continued: “We are seeing an ever-increasing workload and there are more and more people seeking our services and there is a limit to what we can achieve on our own and with a company like THREE60. to help us, we look forward to growth and expanding markets.
“We work extensively in mainland Scotland, Aberdeenshire, the Highlands and the Western Isles and we look forward to seeing some of the benefits of THREE60’s expertise.”
Mr. Randall reassured his customers, “We want all of our existing customers to receive the same high level of service to which they are accustomed.”
Group Managing Director at THREE60 Energy, Walter Thain, said: “The breadth of knowledge and expertise that has been developed within the BJRE team is truly impressive. We are confident that the company’s integration into the THREE60 Energy team will be seamless and will further our common goal of growing and delivering better energy together.
“We are proud to continue to integrate renewable energy into our strategic growth plans. Our recent “granted” status to Fit 4 Offshore Renewables is a testament to our team’s dedication to providing renewable and sustainable energy resources, in this time of heightened need for energy security.
“The capability and technical expertise that this onshore wind operations and maintenance acquisition brings, coupled with our existing offshore capability, defines our strategic intent to support the onshore and offshore wind markets, as well as ScotWind’s future developments, which will generate as much as 25 GW of new, clean energy over the next decade.
“THREE60 Energy is a dynamic, multidisciplinary company, and we are proud to have BJRE part of our growing team and capabilities.”
Bryan Rendall of BJRE said, “We believe THREE60 Energy is the ideal solution to enable rapid growth and opportunity, and to strengthen and build new relationships in the industry. We are very happy to progress together and ensure the highest level of service to our customers, proud to be part of the THREE60 Energy team.