SIMEC acquires Fleetsolve to expand biodiesel genset deployment throughout the UK

October 24, 2019 |

In the UK, SIMEC, part of Sanjeev Gupta’s GFG Alliance, has accelerated plans for the deployment of its biodiesel generators through the acquisition of Fleetsolve, an award-winning company with 17 years of experience developing, operating and maintaining biofueled combined heat and power (CHP) generation equipment.

In a deal agreed this week, SIMEC is taking full ownership of Wirral-based Fleetsolve and its sister company Fuelsolve. The transaction will bring well established engineering expertise and market-leading technology into the group.

Fleetsolve won the Merseyside Innovation Prestige Award in 2018, in recognition of its cutting-edge approach to renewable power generation. SIMEC, through Fleetsolve, will launch a nationwide campaign to identify customers who will benefit from carbon-neutral energy coupled with the resilience of having on-site power or combined heat and power generation.

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Category: Fuels

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