Page 35 - Gi June/July 2019
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                 CALVIN CAPITAL TO ACQUIRE LOWRI BECK






























                                             JON PARR, MANAGING DIRECTOR, LOWRI BECK      BERT PIJLS, CHIEF EXECUTIVE OFFICER, CALVIN CAPITAL

                 CALVIN CAPITAL (CALVIN) has agreed   meter roll-out. It will continue to operate   funding solutions.
                 to acquire Lowri Beck, one of the   as an independent brand serving both   “In addition, Lowri Beck’s
                 leading providers of meter installation   large and small energy suppliers.  expertise will help Calvin to accelerate
                 and data collection services to the UK   Calvin is a leading meter asset   the development of a sustainable
                 energy market for an undisclosed sum.  provider (MAP) for energy suppliers   digital energy infrastructure beyond
                   The acquisition, which is subject   in the roll-out of smart meters and in   smart meters.”
                 to certain conditions, will see Lowri   the development of a digital energy   Jon Parr, Managing Director of Lowri
                 Beck join Calvin to create an end-  infrastructure. Calvin owns over 7.3   Beck, said: “We are excited to be joining
                 to-end market offering comprising   million installed meter assets.   Calvin. Having built our business
                 the installation, servicing, managing   Commenting on the acquisition,   on delivering service excellence and
                 and funding of domestic metering   Bert Pijls, Calvin’s Chief Executive   innovation, with Calvin’s support we
                 assets. This agreement also provides   Officer, said: “This is a very positive   look forward to leveraging the resources
                 a platform for the future funding,   development for two complementary   of the new combined business to build
                 deployment and management of a   businesses and for the wider energy   greater smart meter ownership and
                 wider range of digital energy assets,   market. Bringing together Calvin with   installation capacity.”
                 including battery storage and electric   Lowri Beck will enable us to create   Lowri Beck was formed by its
                 vehicle charging infrastructure.  a ‘one-stop-shop’ offering that will   founder Bob Vernon over 20 years
                   Lowri Beck currently installs and   be available to all energy suppliers   ago and today has a workforce of
                 exchanges over 300,000 domestic   and new market entrants through a   approximately 2,000 people across
                 meters annually, collects data from   broader array of services, ranging   Britain, with offices in Wigan and
                 another five million meters and is   from full metering-as-a-service to   Dunstable, plus a dedicated training
                 heavily involved in the nationwide smart   bespoke installation, servicing or   centre in Ashton-in-Makerfield.



                  SQUIRE ENERGY SPONSORS THE QUEEN ELIZABETH FOUNDATION



                  SQUIRE ENERGY HAS announced its   be focusing its efforts on raising   Energy will be participating in QEF
                  sponsorship of the Queen Elizabeth   funds for a new ‘Bugzi’ unit – a chair   fundraising events, as well as holding
                  Foundation (QEF), a non-profit   designed to give disabled children   our own to raise money for this
                  organisation that provides life-  aged 2-6 a little more independence,   incredible cause,” he added.
                  changing services to people with   as well as supporting QEF’s efforts   In August, Steve will join the QEF
                  disabilities to help them experience   in building a brand new care and   teams for Ride London 100 and
                  a more independent, fulfilling and   rehabilitation centre.      Squire’s Operations Administrator
                  rewarding life.                   “QEF is a hugely worthwhile charity,   David Porter will be undertake the UK
                    Squire Energy made the decision to   and we’re proud to help support its   Three Peaks challenge.
                  sponsor a local charity over the course of   vision in helping disabled people lead
                  a year with QEF chosen for its innovative   a more independent and rewarding    You can sponsor David’s Three Peaks
                  approach to assistive technology.   life,” said Project Manager, Steve   challenge at www.justgiving.com/
                    As a result, Squire Energy will   Gray. “Throughout the year, Squire   fundraising/david-porter21





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        IGEMNews_IndustrialAffliates.indd   2                                                                     16/05/2019   13:21
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