Palatine-backed Anthesis, a group of dedicated sustainability experts, has acquired UK-based energy specialists, Padd Energy.
This deal marks the third M&A transaction for Anthesis in six months following the acquisition of Canadian agri-food sustainability consultancy Provision Coalition Inc, and Climate Neutral Group, a Net Zero authority based in the Netherlands, Belgium, and South Africa.
Established in Yorkshire in 2013, Padd Energy is a specialist energy engineering consultancy passionate about creating power and energy from renewable and sustainable sources whilst reducing emissions from fossil fuels.
Padd Energy works with some of the world’s largest corporations to identify, agree and meet net-zero commitments, such as Arla, and Reckitt. Specialising in Waste-to-Energy and Biofuels to Renewables and Heat Networks, Padd Energy has delivered projects, from strategy to implementation, for clients across all major sectors and in locations including Europe, Asia and South America.
Financial terms of the deal have not been disclosed.
