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Project Better Energy is a leading independent clean technology and heating solutions provider based in Burton upon Trent. At the forefront of green innovation, Project Better Energy is focused on delivering renewable energy solutions to help their customers reduce their environmental impact, as well as their energy bills.
Since it was founded in 2011, Project Better Energy has become one of the leading providers of green solutions to the residential, commercial and public sectors, selling and installing nearly 40,000 solar energy systems and approximately 80,000 electric vehicle chargers through its divisions.
Project Better Energy is the 6th investment in Freshstream’s first independent fund, which closed earlier this year having raised €762 million. The firm invests in founder-led enterprises and buy-and-build platforms to support these businesses in their value creation objectives, with a particular focus on the UK and Benelux markets.
The investment by Freshstream will support the growth of the company, product range and customer footprint as demand for its services continues to build.
TLT acted for the shareholders in relation to the sale of their shares in Project Better Energy. The deal was led by corporate partner Ian Roberts, supported by Rick Life, Kelly Clarke and Kirsty Wilson from the corporate team and banking associate Toby Morsley. The transaction also involved support from legal director William Ngan and associate Olivia Curtis the firm’s tax team and employment associate Safiya Sidat.
Andrew Walton-Green, chairman and founder of Project Better Energy said: “The team at TLT provided a high-level service throughout the sale. The team was able to advise on everything from commercial advice through to tax and employment. The transaction was managed seamlessly and expertly by the whole team at TLT.”
Ian Roberts, corporate partner at law firm TLT commented: “We’re pleased with the successful outcome of this transaction for the shareholders of Project Better Energy, which will further allow the business to grow and develop.”
26 October 2023
News 29 NOVEMBER 2023