Smart Renewable Heat acquires Franck Energy Ltd.

The acquisition of a London-based renewable energy consultancy brings considerable strength to the leading renewables installation company, helping it become the first to offer a unique service model with end-to-end quality delivery.

Smart Renewable Heat’s innovative “Heat as a Service” overcomes the capital cost required to deploy renewable heat technologies. With plans to install over 3MW of renewable heat capacity in the UK over the next 12 months, they expect the development of their AI solution to continue to significantly reduce the cost of heating for their clients.

Marcus Franck, Founder and CEO of Franck Energy and his team, bring considerable experience to the management team of Smart Renewable Heat.

Karl Drage, CEO of Smart Renewable Heat, said:

“I am delighted to welcome the team at Franck Energy to Smart Renewable Heat. They are well-positioned to grow our sales proposition, and they bring a wealth of experience in selling renewable solutions. Our vision for the future of renewable heat is well aligned, and there is considerable opportunity as we progress together.”

Franck Energy Ltd. has developed a unique proposition for homeowners, with a primary focus on increasing the ease of switching from fossil fuels to renewable heating. Combining this with Smart Renewable Heat’s financing capability unlocks significant market potential. In addition, this acquisition is designed to strengthen the marketing and management teams at Smart Renewable Heat.

Marcus Franck, founder of Franck Energy, said:

“The customer journey that we have developed at Franck Energy will pair excellently with the expertise at Smart Renewable Heat, enabling us to create a customer proposition not available elsewhere in the market. We’re very excited at the prospect of joining such an impressive team.”