Core design team acquired by Mimer Energy

Cornwall 15th of April 2011

Mimer Energy has acquired the core design team from leading UK ground source heat pump contractor EarthEnergy to form a new, UK based company Mimer Energy Limited. Operating from a head office in Falmouth, Cornwall, this gives Mimer Energy the technical expertise and experienced personnel necessary to rapidly grow the group to meet its global ambitions as a geothermal energy developer.

 

“This is a great coming together of like minded players, coupling the expert knowledge of the old EarthEnergy Team with the strategic development of Mimer Energy staff to create a new dynamic group” said Brian Kennelly, CEO of Mimer Energy Limited, “We have learnt the lessons from the initial phase of market development in the UK with a track record of 2,000 ground source heat pump systems, connected to over 200km of boreholes. Mimer Energy brings transformational change in the industry, introducing a fully financed delivery model for ground source energy projects, able to provide fixed cost heating and/or cooling for the client. Mimer Energy focuses primarily on a Build Operate Transfer (BOT) business model, which means that all finalised installations are transferred to the local community or company after an agreed period of successful operation. This is particularly suitable for buildings not connected to the mains gas grid.”

 

Mimer Energy Limited will reach out globally, to transfer its knowledge, skills and expertise to regional partner companies established with local ownership, helping to generate high value employment within the customer communities. This Chaordic approach supports economic growth at the local level, empowering communities to benefit from inward investment.