GLOBAL Energy Group (GEG) has teamed up with Italian company Rosetti Marino to deliver large-scale renewable energy and net-zero projects around the UK.
Inverness-based GEG and Rosetti will jointly bid for contracts, initially focusing on offshore substations, platform electrification, gas to wire and hydrogen transition opportunities in the offshore sector.
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It has been described as “an important post Brexit collaboration for both companies”.
They have agreed to partner up for five years, with the potential for a further two years.
A statement said the two firms were of “comparable size and culture, with strong family-led roots”.
Teaming up gives GEG “an increased competitive edge” and broader range of resources for clients in the UK, it said, adding: “The new partnership will offer customers a wide range of solutions, from production of large steel structures to complete turnkey solutions from concept to commissioning.
“Rosetti and GEG share a common goal to lower the cost of energy for developers and, ultimately, consumers, whilst boosting local content in the UK as part of the UK’s Green Recovery Strategy.”
Tim Cornelius, newly appointed GEG chief executive, said: “The UK Continental Shelf has the potential to make a deep and meaningful impact on the UK’s overall net zero target.
“Sharing existing expertise and infrastructure from the oil and gas industry with the offshore wind industry will be integral in the development of a world-class supply chain to support developers and owners of large-scale UK projects.
“Rosetti is a world-class partner in the energy sector who are also dedicated to the energy transition journey, and we are delighted to have formed this strategic relationship.”
Stefano Cappelli, Rosetti chief commercial officer, said: “GEG share the same attitude and outlook towards the development of renewable energy and we are confident that our combined competences will consolidate our presence in this market.
“We are laying the foundations for what I am certain will be a successful and fruitful partnership, and this strategic alliance will allow us to offer first-class EPC (engineering, procurement, and construction) services to the UK energy sector.”
