Platina and ETF back TAG Energy Solutions MBO

Both investors believe the supply chain surrounding the production of renewable energy presents interesting growth opportunities. ETF added that TAG addresses the need for local suppliers catering to the UK wind farm industry, which now relies heavily on imported materials.

Billingham-based TAG Energy Solutions was founded in 2006. It has since then refurbished a yard on the River Tees and will use the fresh capital to build the UK's first offshore windmill tubular foundation manufacturing facility for North Sea wind farms.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

 

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