Swire Renewable Energy is excited to announce the successful acquisition of Altitec Blade Services, a prominent player in wind turbine blade inspection, repair, and maintenance, operating across the UK, Europe, South Africa, and Australia.
This strategic move significantly enhances Swire Renewable Energy’s standing in the blade maintenance and service sector, marking a strategic entry into the thriving renewable energy service markets in Africa and Australia.
Ryan Smith, the CEO of Swire Renewable Energy, expressed his enthusiasm, stating, “After experiencing remarkable growth in our blade maintenance division over the past year, the acquisition of Altitec is a pivotal step. It not only strengthens our technical capabilities but also amplifies our operational capacity and extends our reach across regions. The technical and regional synergy between the two companies positions us to offer comprehensive services, including blade maintenance, HV electrical, mechanical, pre-assembly, and installation, through a robust and extensive network.”
The CEO further highlighted the company’s commitment to developing its newly acquired units in Africa and Australia. These regions are identified as emerging high-growth markets for renewable energy services, leveraging Swire Renewable Energy’s extensive experience. Smith emphasized, “Our focus is on establishing a long-term competitive position in these markets by capitalizing on our well-established relationships in Africa and Australia.”
The acquisition paves the way for Swire Renewable Energy to integrate Altitec’s highly skilled technicians and office professionals into its team in the coming months. This move is expected to broaden Swire’s services, benefiting wind turbine manufacturers, owners, and developers within the industry.
As the renewable energy sector continues to evolve, Swire Renewable Energy’s strategic expansion into Africa and Australia positions the company to play a pivotal role in servicing the growing demands of these regions.
