Tuesday, April 16, 2024

Injection of Clean Energy Through Acquisition

Sunbelt Rentals UK announce that as part of their ongoing investment strategy to develop market-leading energy solutions, they have acquired Hybrid Power Hire rentals business and assets

Sunbelt Rentals UK are delighted to announce that as part of our ongoing investment strategy to develop market-leading energy solutions, we have acquired Hybrid Power Hire (HPH) rentals business and assets.

This acquisition of HPH will see our rental fleet of large-scale battery storage units (20kva to 60kva) increase to a market-leading position of over 750 units.

This investment will allow Sunbelt Rentals to service the increasing customer demand for clean energy solutions which is being driven by spiraling fuel costs, the removal of government tax relief on diesel, and companies striving to meet their carbon footprint targets.

Andy Wright, CEO of Sunbelt Rentals said: “Over the last 12 months we have invested over £100 million into new greener rental products and services. This has included Stage V plant and machinery, battery and solar lighting, battery tools, and electric plant and machinery.

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“This acquisition represents the next stage of our journey to be the rental supplier of choice for clean energy products, solutions, and services to our customers.

“As a business we are committed to reducing our carbon intensity by 35% by 2030 and through our ‘Our Planet’ strategy we aim to leave a legacy for future generations. This is demonstrated in the work we are doing to reduce our carbon impact and reinvest in the environment and communities where we work.

“Importantly for our customers, in addition to renting the most effective solutions, we can now also provide them cutting edge data, technology, and information that will allow them to see and appreciate the changes made by renting a greener solution from both a fuel, emissions, and cost perspective.”

This is another exciting step on the Sunbelt Rentals Greener Solutions journey.

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