Entegro is extending its expertise in fibre telecommunications and network infrastructure by moving into the renewable energy sector.
Entegro, a Kilkenny-based engineering group, has announced the acquisition of renewable energy specialist Acel Energy, a solar energy company headquartered in Monaghan.
In acquiring Acel Energy, Entegro aims to further its expertise in the designing, building and operation of critical fibre telecommunications and network infrastructure. The move will involve the formation of a new entity – Entegro Energy – and there are also plans to grow its workforce from 200 employees to roughly 300.
Entegro said its acquisition also builds on an established partnership with high- and medium-voltage engineering specialist Nahanagan Electrical.
According to Entegro, the new deal will align complementary capabilities under a single roof, furthering expertise in the delivery of renewables generation, battery storage and high-voltage infrastructure solutions domestically and internationally.
Established in Kilkenny in 2019, Entegro, which is part of the Kyntus Group, has a presence in Ireland, the UK and the US, and delivers services from design and engineering through construction, commissioning and operation, with business units spanning fibre and telecommunications, transformation services and energy.
Commenting on the announcement, John Rooney, the group CEO for Entegro, said, “The board and I welcome the Acel team to the Entegro group. 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.
“Entegro has always sat at the heart of critical infrastructure, so moving into energy is a natural next step rather than a departure.
“Bringing Acel and Nahanagan together gives us the ability to design, commission and run energy systems end to end, from an Irish base and with a trusted team that keeps growing. That is the future we want to help build and to build well.”
Barry Sherry, the managing director at Acel Energy, added, “Declan McDonald and I built Acel on engineering-led renewable generation and storage, and joining Entegro lets us do that at a scale we could not reach alone.”
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