Offshore solutions firm acquires high voltage specialists

The ONRG team - Left to Right: Warren Davies, Mark Kimber, Tony Clark and Chris Emmins.

OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, is pleased to
announce that it has completed the acquisition of ONRG Limited (“ONRG”), a leading provider of
specialist high voltage (“HV”) project engineering services to the offshore and onshore energy industry
based in East Anglia, UK.

ONRG has established itself as a specialist in managing and performing work on HV network assets
across the design, build, commission and operation phases for offshore wind farms and related energy
infrastructure with an unwavering commitment to electrical safety management. The company and
management have a wealth of experience working on major offshore wind projects with international
blue-chip clients in the UK, Taiwan, and USA. In addition, ONRG has supported onshore HV grid
infrastructure projects, including for battery energy storage systems (BESS).

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ONRG will join the OEG Renewables (“OEGR”) division, adding a new service offering and opening new
market opportunities for OEGR to offer integrated service solutions building upon both companies
existing strong industry relationships. The ability to offer an integrated service solution is attractive for
clients that want to increase project efficiencies and lower interface risk with contractors.

Since 2020, OEG has ramped up its specialist service offering in the renewables sector with
13 acquisitions, demonstrating its commitment to rapid growth in this market.

The ONRG team brings a wealth of experience and talent that will further strengthen OEGR’s
capabilities and expand our ability to pursue its ambitious growth plans.

Highly complementary addition to OEGR’s existing specialist subsea, topside, and marine
services, creating new opportunities to offer integrated service solutions, increasing project
efficiencies and lowering interface risk for our clients.

John Heiton, OEG’s Chief Executive Officer, said: “We are very pleased to welcome ONRG to the OEG
group. This strategic rationale is compelling, giving OEG Renewables the opportunity to add a high-
quality, fast-growing business that brings a new set of technical skills and knowledge to OEGR’s service
offering. The acquisition underscores our commitment to growth and innovation, allowing us to better
serve the evolving needs of our clients in the growing offshore energy sector.”

Chris Emmins, Founder and Managing Director of ONRG, said: “Joining the OEG group will allow ONRG
to tap into OEG’s global network, broadening its service portfolio and unlocking the potential for
combined solutions in uncharted markets Both OEG Renewables and ONRG share the same values and
commitment to achieving the highest possible standards of Health and Safety and to building lasting
partnerships through the provision of client focused added value solutions.”

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