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EESL acquires UK-based power generator Edina for 55 million euros

Edina is recognised as the market leader in the UK in gas engines, commanding 27% of the market share

power sector, electricity, power transmission
premium

power transmission

Shreya Jai New Delhi
Energy Efficiency Services Limited (EESL) acquired a UK based power generation solution provider Edina in a deal worth 55 million euro. EESL, which is a joint venture of four power sector PSUs, made the acquisition through its UK subsidiary, EnergyPro Assets Limited (EPAL).
 
EESL is implementing a global strategy and commitment to invest £150 million (Rs 13.43 billion) through EPAL into energy services business opportunities in the UK, EU and North America between 2017 and 2019, said a public statement by the company.
  
Through the acquisition, EPAL has also acquired its first India-based tri-generation (heat, gas & diesel