Acquisition of electrical contractor Elektec further electrifies Greenarc services

Greenarc Limited, the nationwide fuel, clean energy and infrastructure company has announced its third investment in less than nine months with the acquisition of Lancashire-based company Elektec.

Greenarc makes third acquisition to broaden support for customer transition

The purchase of electrical contractor Elektec follows Greenarc’s investment in Oxfordshire-based Heat Engineer Software Ltd in April and the acquisition of the recently rebranded vehicle leasing and rental business, Greenarc Vehicles, which was completed in November.

Chris Bingham, chairman and CEO at Greenarc comments: “This recent acquisition is one of many investments from Greenarc in the past twelve months and we are thrilled to welcome Carl and Charlotte to the business to support our goal of transitioning our customers to a clean energy future.

“With Elektec’s focus on EV charging points, battery storage, LED lighting, electrical compliance and more recently solar we have further increased our low-carbon service offering. This acquisition represents another important pillar of our decarbonisation proposition to individuals, businesses, and the public sector across the UK.”

Low carbon solutions

Charlotte Knowles, director at Elektec said: “This acquisition allows us to continue to offer our electrical services locally but also provides Elektec with the expertise and funding to grow our services to customers.

“Not only this, but we now have access to a range of other renewable energy solutions to support our customers to decarbonise their entire energy infrastructure.

“Greenarc’s honest and informative approach to clean energy fits in well with what we do at Elektec. We are thrilled to be joining the Greenarc team and I’m excited about the future work we will be achieving together.”

Multi-award winning Elektec, established in 2017, was recently named a National Success Story for The Prince’s Trust with the team personally invited to meet with King Charles III in July 2022.