Copley Point Acquires Leading Heat Pump Installer Rendesco
31 May 2020
Copley Point, the independent asset management and principal investment firm, has announced the acquisition of The Renewable Design Company, which has now been rebranded as Rendesco.
Established in 2012 and headquartered in Cheltenham, Rendesco is an industry leader in the design, installation, operation, and maintenance of heat pump infrastructure across the UK. Led by Co-Founder and Managing Director Alastair Murray, Rendesco focuses on large-scale residential and commercial projects, making it one of the largest ground source heat pump (GSHP) installers in the market.
Rendesco is positioned as a key player in the shift to decarbonise heating and boasts an impressive track record with over 400 bespoke heat pumps installed and over 66MW of renewable heating capacity across the country.
“We are delighted to welcome Rendesco to the Copley Point family,” said Michael Heal, Founder at Copley Point. “This acquisition further strengthens our position as a leader in the renewable energy sector and reinforces our commitment to investing in sustainable and innovative solutions.”
“We are excited to join forces with Copley Point and continue our mission to provide renewable heating solutions across the UK,” said Alastair Murray, co-founder and managing director of Rendesco. “Together, we will accelerate the adoption of ground source heat pump technology and drive positive change in the energy sector.”
For more information about Copley Point and Rendesco, please visit https://copleypoint.com and https://rendesco.com respectively.