RES STRENGTHENS GLOBAL SUPPORT SERVICES OFFERING WITH ACQUISITION OF IM FUTURE

• RES focuses on growth with strategic acquisition and enters two new markets: Spain and Portugal
• Acquires experienced leader in wind energy maintenance and strengthens RES’ offering to customers
• 12GW of operational assets globally supported by RES

London, 2 March, 2023 – Global renewable energy company, RES, has acquired IM FutuRe – a leading Spanish Operations and Maintenance (O&M) provider and with it, contracts to provide 1.5GW of O&M services for 1400 wind turbines in Spain and Portugal.

The acquisition sees RES enter the Iberian market as it moves at pace to grow its support services business – providing high value asset management and O&M services to clients. RES now supports more than 12 GW of operational assets across the globe with a focus on enhancing asset lifetime and performance, while improving financial outcomes for customers.

As a leader in wind maintenance techniques, and well known for its blade inspection and repair capabilities, IM FutuRe have inspected and repaired over two thousand blades in the last three years. All 167 employees along with the management team will join RES and continue to provide services for customers including Iberdrola, EDPR, Naturgy, EnergieKontor and Olivento. 

The deal is the third RES has made in the last 12 months, following on from acquisitions in Australia and Denmark, as it seeks to strengthen its offering across multiple technologies and markets. 

Marco Perona, RES’ CEO – Support Services, commented: “RES has ambitious growth plans for its global Support Services business and continue to implement our strategy, entering new segments and markets. The acquisition of IM FutuRe will strengthen RES’ overall position in wind energy services combining opportunities and additional clients with enhanced capabilities. As we establish ourselves in Spain and Portugal, we will expand our O&M service provision to cover solar and storage, and asset management across all technologies.” 

José Antonio Riveiro, General Manager at IM FutuRe, “Becoming part of RES allows us to bring an even broader range of services and solutions to our customers; and provides exciting growth opportunities for our people.”

ENDS

Notes to editors:

About RES

RES is the world’s largest independent renewable energy company active in onshore and offshore wind, solar, energy storage, transmission and distribution and green hydrogen. At the forefront of the industry for 40 years, RES has delivered more than 23GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 12GW worldwide for a large client base.  Understanding the unique needs of corporate clients, RES has secured over 1.5GW of corporate power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs over 2,500 people and is active in 13 countries. For further information about RES, visit www.res-group.com

CONTACT FOR FURTHER INFORMATION:

Rachel Anderson
RES Press Office
+44 7795 680 803

[email protected]