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Inverness-based energy firm expands to South America after acquisition of Chilean business

by theamericannews
August 15, 2024
in America
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Inverness-based energy firm expands to South America after acquisition of Chilean business
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From left: Tom Smith, Aurora chief operating officer; José Jara, field supervisor of Sonnedix, Wind Farm El Maité, Raul de la Jara, Aurora Energy Services general manager – Chile.

Tom Smith, chief operating officer of Aurora Energy Services, said: “South America’s wind energy sector is poised for substantial growth, and this acquisition allows us to establish a strong foothold in the region. Initially we will offer blade repair services, but will expand our services to include mechanical services and construction/installation services.

“We’re committed to building local content and developing a truly Chilean business with the objective of taking it to $5-10 million annual turnover with around 50 employees over the next three years, while using it as a springboard for further expansion in South America.”

The company is looking to explore further opportunities in Asia Pacific and South Africa in the near future and this expansion comes on the heels of several other strategic wind sector acquisitions by Aurora in the UK, North America and Australia, reflecting the company’s ambitious growth strategy.

Mr Smith added: “We’re not just expanding geographically, we’re bringing our expertise in blade repair and wind turbine services to markets which are looking for quality, reliability and innovation.”

With a current global workforce of approximately 700 employees and a forecast annual revenue of £70 million, Aurora is rapidly establishing itself as a major player in the renewable energy services sector.

Launched in June 2022, Aurora Energy Services supports the energy sector transition to net zero and specialises in the onshore and offshore wind, hydropower, telecoms and infrastructure and waste-to-energy sectors, while also providing oil and gas project support and engineering services.

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Publish date : 2024-08-14 22:30:00

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Tags: AcquisitionAmericaBusinessChileanEnergyExpandsfirmInvernessbasedSouth
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