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Renewable energy firm delighted to join global group
June 26, 2025
|The Chester Chronicle
GLOBAL industrial services group Bilfinger has acquired renewable energy specialist nZero Group as it bids to grow its footprint in the UK's hydrogen and gas sectors.
The German group has bought Cheshire-based nZero as well as subsidiaries Orbital Gas Systems and Thyson Technology.
The group has offices in Ellesmere Port, in Bristol and in Stafford-shire, with some 240 employees specialising in advanced energy systems and gas technologies.
The deal sees NVM Private Equity successfully exit its investment in nZero Group, with NVM saying the deal delivered a 2.6x return.
The value of the deal has not been disclosed.
Under NVM nZero has broad-ened its focus from gas distribution and biogas to work in clean energy infrastructure, hydrogen and energy transition, through organic growth and acquisition. In 2024 its revenues stood at around £30m.
هذه القصة من طبعة June 26, 2025 من The Chester Chronicle.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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