NRG Panel, the leading Monaghan-based installer of solar panels and heat pumps, has agreed to acquire JFW Renewables, one of the largest renewable energy services companies in the country.
The combined group will employ more than 125 people and will have serviced over 3,500 new customers over the past year.
Melior Equity Partners invested in NRG Panel last year, and the company subsequently announced plans to add 125 jobs over the next five years to drive its next phase of growth in February.
The company was founded in 2015 by Conal O’Reilly and Ollie Hughes and is headquartered in Castleblayney
Founded in 2021 by Gearoid Whelan, Loughrah-based JFW provides residential and business customers with solar panels, batteries and electric vehicle charging services, and currently employs more than 50 people.
The integrated group will service the island of Ireland from its two bases and has plans to further expand its operating footprint in Ireland and …