Renew Holdings has acquired UK-based independent service provider Full Circle Wind Services, replacing previous investor AtlasInvest along with minority shareholders.
Full Circle will remain an independent company, continuing its focus on wind turbine maintenance while contributing to the energy transition through innovative solutions.
Billy Stevenson, CEO of Full Circle Wind Services, highlighted the growth opportunities brought by the acquisition, stating, “This move marks an exciting new chapter for Full Circle, unlocking even greater potential for expansion. It reflects the market's confidence in the exceptional business results we have achieved in recent years. We are fully confident that this change will further strengthen Full Circle in its pursuit of growth as a business and organisation in the renewable industry.”
Paul Scott, CEO of Renew Holdings, emphasized the strategic importance of the deal, noting, “We are delighted to welcome Full Circle to the Renew family. This acquisition represents an exciting opportunity for the group to enter the wind services market across the UK and Europe. Full Circle operates a scalable technology-enabled platform across a diverse customer base, and its proven track record in its core markets provides Renew with a strong platform in renewables and significant near-term potential.”
Both leaders expressed enthusiasm for the collaboration, viewing it as a catalyst for future growth in the renewable energy sector.