French power company acquired

Solar panels

Green Services Group, a European independent service provider of technical services dedicated to renewable energy sources, has announced the acquisition of KBE Energy, a leading player in the French solar energy market.

KBE Energy, created in 2006, is a long-standing player in the solar asset design, construction and maintenance market. The acquisition became effective in January 2014 and has given the Group KBE Energy’s expertise in technical due diligence and production calculations, while enabling the Group to deliver service to customers requiring skills in solar asset maintenance.
Solar panels
Green Services Group is increasing its nationwide presence, since KBE Energy has three offices (in Grenoble, the Aveyron region and Nàƒ®mes), providing coverage of 18 regions in the south of France.

In a statement the company said long-standing shareholders will remain minority shareholders, and Green Services Group will retain the entire current workforce.

This external growth stage is part of Green Services Group’s global strategy of ramping up its development in the European market.

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