Copley Point has acquired The Renewable Design Company, now rebranded as Rendesco, enhancing its position in the UK renewable energy sector.
Information on the Target
Rendesco, formerly known as The Renewable Design Company, has been a prominent independent firm in the field of heat pump infrastructure since its establishment in 2012. Headquartered in Cheltenham, the company has garnered a reputation as a leader in the design, installation, operation, and maintenance of ground source heat pump (GSHP) systems throughout the United Kingdom. Under the leadership of Co-Founder and Managing Director Alastair Murray, Rendesco has successfully completed numerous large-scale residential and commercial projects, solidifying its position as one of the largest GSHP installers in the market.
With a strong commitment to sustainability, Rendesco has made significant strides in the decarbonization of heating solutions. The company boasts an impressive portfolio of over 400 custom heat pumps installed, contributing to a total renewable heating capacity exceeding 66MW across the nation. This track record not only highlights Rendesco’s capabilities but also underscores its vital role in advancing renewable energy initiatives.
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Industry Overview in the UK
The renewable energy sector in the UK has experienced significant growth and transformation over the past decade, driven by stringent climate targets and an increasing commitment to sustainability. The country's strategic move towards reducing carbon emissions has stimul
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Copley Point
invested in
Rendesco
in 2023
in a Corporate VC deal