Disposal of EcoTECH to Climate Energy
HMT, led by partner Andrew Thomson, advised the shareholders of ecoTECH on their disposal to Climate Energy Limited, a leading carbon reduction management agent.
Founded by Christine Hynes and David Alderton, Ecotech designs and builds ecoTECH ZCBS, a UK Zero Carbon off-site manufactured complete building envelope, which complies with the UK‘s new Governments building regulations. ecoTECH ZCBS is leading the market with a cost on par with that of traditional build and a capacity to deliver up to 5,000 homes per annum.
Climate Energy is an award winning partner of choice for local, regional and national government bodies, as well as registered social landlords, commercial organisations and charitable groups for the delivery of energy efficiency measures and renewable technologies. The acquisition of ecoTECH brings experience of sustainable housing to Climate Energy’s Group portfolio.
Christine Hynes, CEO of EcoTech Housing commented:
“We are very excited to become a part of Climate Energy and look forward to delivering sustainable homes which meet the Government’s CfSH criteria to a much wider audience across the UK.
We were extremely pleased with the advice and support we received throughout the transaction from HMT.”
Andrew Thomson commented:
“We are delighted to have assisted Christine and David in this transaction, who have established a successful platform which will allow the business to further develop as part of Climate Energy.”