Blue Pearl Energy has launched a new European energy services platform, dedicated to offering energy efficiency solutions for public, commercial and industrial buildings.
The Blue Pearl Energy platform will aim to bring together small and mid-size enterprises (SMEs) in order to offer comprehensive energy efficiency solutions for buildings and industrial sites, primarily in the fields of electrical engineering, HVAC engineering, onsite renewable energy generation, cogeneration and energy management.
The platform has a €600 million ($698 million) investment program earmarked for the acquisition of some 20 SMEs over a five-year period, with three companies already acquired as of the second quarter of 2020.
Global infrastructure investment manager DWS has already invested in the platform on behalf of its third pan-European infrastructure fund. The financial backing will enable the platform to acquire SMEs specializing in one or several aspects of B2B energy servic