Lancashire green energy firm to create jobs after major investment
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The expansion at Airis Energy Solutions over the next three years has been triggered by a £5m boost from a Swiss investment fund specialising in energy efficiency.
Formed more than 20 years ago, Airis employs more than 20 managers, administrators, installers and engineers.
They aim to transform UK businesses, schools and hospitals with high performance LED lighting, electric vehicle charging points, solar carports and more.
The company, based at Peel House on the Poulton Industrial Estate, blends the latest technology to deliver energy efficiency projects that reduce carbon emissions.
Airis managing director Damien Fryer said: “The investment is great news. It represents a significant endorsement of our approach and achievements so far.
“It also acknowledges our potential for an exciting future.
“A lot hinges on our ability to offer a wide range of green energy solutions on a unique zero capital expenditure basis.
“That makes a massive difference to the savings we pass on to clients. Now, thanks to this new investment, even more UK businesses, schools and hospitals than ever before will become energy efficient at a lower cost.” Airis director Ben Duffield, adds: “It’s no secret, we’re living through a unique period in everyone’s lives.
“Our environment and saving money have been brought into sharp focus.
“It’s at that intersection - that sweet spot - where, with the help of the new investment, we will continue to create the most value for our customers.”
The fund investing in Airis is operated by Susi Partners. The Susi Energy Efficiency Fund (SEEF II) was launched to help private businesses adopt new technologies that focus on the objectives of the Paris Climate Agreement.
The SEEF II-financed projects are already complete.
They deliver annual energy savings over 60 per cent and combined emission reductions of more than 1,400 Tonnes of CO2 a year.
Over 10 years, they can achieve typical CO2 emissions savings for each client of over 50,000 Kg of C02.
That is equivalent to the CO2 sequestered by 222 trees over the same period.
The whole transaction was supported by the law firm Eversheds Sutherland.