Bord Gáis Energy has completed the acquisition of Swyft Energy, a solar PV provider in Ireland, after it secured approval from the Competition and Consumer Protection Commission.
Bord Gáis Energy already operates in the solar PV market - directly to residential customers, and through its partnership with Irish Farmers' Association delivering solar PV to farms across the country.
It said the purchase of Swyft Energy now brings deeper solar PV capability to residential as well as business and farming customers of Bord Gáis Energy, as the company transitions to a green energy business.
Bord Gáis Energy has a target of 10,000 installations over the next five years, which will allow it to compete better for the growing demand for solar energy in residential, commercial and agricultural sectors.
It noted that people can save an average of 50-70% on their electricity bills with the installation of rooftop solar panels.
Bord Gáis Energy is committed to achieving net zero by 2045, and to helping its customers reach net zero by 2050. It workswith over 730,000 residential, commercial and agricultural customers to help them become more energy efficient and move to renewable energy solutions.
Teresa Purtill, Services and Solutions Director at Bord Gáis Energy, said the completion of the acquisition of Swyft Energy by Bord Gáis Energy marks an exciting milestone as the company works to energise a greener, fairer future.
"We know that solar power will play an integral role in achieving this and I'm delighted that we have brought Swyft Energy into the Bord Gáis Energy family allowing us to build further on our solar power energy offering," she said.
Adrian Casey, co-founder of Swyft Energy, said that by integrating its innovative technology platform and dedicated team with the trusted Bord Gáis Energy brand, it will be able to scale its operations, bringing the benefits of solar to even more homes and businesses across Ireland.
"As demand for solar soars, our acquisition puts us in a strong position to meet it," he added.
