Energy Assets snaps up Blyth Utilities

Russell Gibson, Energy Assets Group PLC
Russell Gibson

Energy Assets Group (EAG) has acquired Blyth Utilities and plans to launch a new multi-utility infrastructure brand in the New Year.

Livingston-based EAG is an independent provider of industrial and commercial gas metering services and a provider of utility infrastructure services and electricity metering and data services.

Blyth is a multi-utility infrastructure provider involved in the design and construction of utility networks and infrastructure direct to commercial and residential developers throughout Scotland and the North of England.

Russell Gibson, chief operating officer of Energy Assets, said, “Blyth and our existing Siteworks operation will form a new brand – Energy Assets Utilities – to be launched early next year. This enhanced operation will not only extend our existing I&C infrastructure offer from gas to electricity and water, it will also open up new opportunities in the house building sector for the Group just at the time when the government is committed to significant additional investment in new homes across the UK by 2020.”

Colin Lynch, joint managing director of Blyth, added, “Blyth has been delivering high quality infrastructure solutions to our customers for many years and has gained a strong reputation within the industry. We are delighted to now have the opportunity to grow the business further by being part of a wider Group and are confident that the support that Energy Assets can offer will allow us to achieve our long term growth strategy. We believe that this opportunity offers an exciting future for both Blyth and Energy Assets.”